If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? Post category:Accountancy Reading time:1 mins read SOLUTION A higher trade receivables turnover ratio will indicate that the amount from trade receivables is being collected more quickly. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is the accounting treatment of ‘Stores and Spares’ when the company. (C.B.S.E. Sample Paper, 2017) Next PostState giving reason, whether the trade receivables turnover ratio will: (a) increase, (b) decrease, or (c) not alter because of ‘cash collected from trade receivables’. You Might Also Like Amar, Bhanu, and Charu are partners in a firm. Amar and Bhanu are to get annual salary of Rs. 1,20,000 p.a. each as they are fully involved in the business. Net profit for the year is Rs. 4,80,000. Determine the share of profit to be credited to each partner. July 21, 2022 State why Cash Flow Statement is not a substitute for Income Statement? October 4, 2022 Why would an investor prefer to invest partly in Shares and partly in Debentures of a Company? September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Amar, Bhanu, and Charu are partners in a firm. Amar and Bhanu are to get annual salary of Rs. 1,20,000 p.a. each as they are fully involved in the business. Net profit for the year is Rs. 4,80,000. Determine the share of profit to be credited to each partner. July 21, 2022
Why would an investor prefer to invest partly in Shares and partly in Debentures of a Company? September 29, 2022