Following information is given below for a company Sales during the year : Rs. 5,00,000 Gross profit margin: Opening Stock Closing Stock Direct Expenses Average Creditors : 25% : Rs.37,500 : Rs....



Following information is given below for a company


Sales during the year : Rs. 5,00,000


Gross profit margin:


Opening Stock


Closing Stock


Direct Expenses


Average Creditors


: 25%


: Rs.37,500


: Rs. 42,500


: Rs.20,000


: Rs.1,75,000


Find out Creditors turnover ratio



Jun 09, 2022
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