FM help !!

IPCC 509 views 2 replies
In FM, while calculating debtors turnover ratio, why we consider average debtors and not only closing debtors.
Replies (2)

Cos debtors throughout the year don remain the same..they keep fluctuating depending on cr sales or cash collectd from drs.

ok. so we take average. Hmmmm..............


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register