Comprehension Passage
Read the following information carefully and answer the questions :
|
Particulars |
Rs. |
|
Revenue from Operations |
8,75,000 |
|
Creditors |
90,000 |
|
Bills Receivable |
48,000 |
|
Bills Payable |
52,000 |
|
Purchases |
4,20,000 |
|
Trade Debtors |
59,000 |
Calculate Average Collection Period.
1
30 days
2
60 days
3
45 days
4
15 days