Mathematics · Ratio Analysis and Debtors Collection Period
A company reports the following financial data for the current year: Net Credit Sales: ₹24,00,000 Average Debtors (Receivables): ₹4,80,000 Assuming a 365-day year, calculate the Debtors Collection Period for this firm.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 148 days
- 250 days
- 360 days
- 473 days✓
Correct answer
73 days
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