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You are given the following informationTrade creditors on Jan 201925000creditors on 31st Dec 201945000Debtors on 31st Dec 201990000Stock turnover ratio5 timesSales 500,000Gross Profit 20%on salescash purchases 350000Calculate Average stocks, purchases, Avg Payment periodAvg collection periodd and creditors turnover ratio |
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Answer» jhfxhsydxhxkgxfxgchchg |
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