The following information are given:
Trade Receivables Turnover Ratio: 8 times
Average Debtors: 3,60,000
Cash Revenue from Operations: 25% of Revenue from Operations.
What is the revenue from operations?
1
Rs. 39,60,000
2
Rs. 38,40,000
3
Rs. 1,80,000
4
Rs. 7,20,000