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Receivables Turnover Ratio Defined: Formula, Importance, Examples, Limitations
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Calculate the Trade payables turnover ratio from the following figures: {:(,,,Rs.),("Credit purchases during 2016-17",, =, 12(,)00(,)000),(" Creditors on 1.4.2016",, = ,3(,)00(,)000),("Bills Payables on 1.4.2016",,=, 1(,)00(,)000),("Creditors on 31.3 ...
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