Calculate the amount of Opening Trade Receivables and Closing Trade Re

1.	Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following figures : Trade Receivables Turnover Ratio 4 times Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit Ratio 20% Closing Trade Receivables were Rs. 20,000 more than at the beginning. Cash Revenue from Operations being 33 13% of Credit Revenue from Operations.
Answer» Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following figures : Trade Receivables Turnover Ratio 4 times Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit Ratio 20% Closing Trade Receivables were Rs. 20,000 more than at the beginning. Cash Revenue from Operations being 33 $\frac{1}{3}$ % of Credit Revenue from Operations.

Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following figures : Trade Receivables Turnover Ratio 4 times Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit Ratio 20% Closing Trade Receivables were Rs. 20,000 more than at the beginning. Cash Revenue from Operations being 33 13% of Credit Revenue from Operations.

Answer»

Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following figures :

Trade Receivables Turnover Ratio 4 times

Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000

Gross Profit Ratio 20%

Closing Trade Receivables were Rs. 20,000 more than at the beginning.

Cash Revenue from Operations being 33 $\frac{1}{3}$ % of Credit Revenue from Operations.

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