BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accountancy Financial Statement Analysis Ratio analysis
A firm made Revenue from Operations of Rs. 10,00,00,000 during the year. Cash Revenue from the operation is 25% of credit revenue from the operation; Trade receivables turnover ratio is 5 times, and closing trade receivables are 1/4th of opening trade receivables. Closing trade receivable will be:
1
64,00,000
2
2,56,00,000
3
19.2 times
4
15 times
5
None of the above