alleryStart learning →Debtors average Rs 1,20,000 and sales are Rs 9,60,000 a 360-day year. Debtor days?
A90 days
B45 days
C30 days
D60 days
Answer & Solution
Correct answer: B. 45 days
Debtor days = 1,20,000 / 9,60,000 x 360 = 45 days.
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