Sarthaks Test
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You are able to collect the following information about a company for two years

Book debts on April 1Rs.4,00,000Rs.5,00,000
Book debts on March 30Rs.5,60,000
stock in trade on march 31Rs.6,00,000Rs,900,000
sales (at gross profit of 25%)Rs. 3,00,000Rs.24,00,000

Calculate Stock Turnover Ratio and Debtor Turnover Ratio if in the year 2004 stock in trade increased by Rs. 2,00,000.

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Note: Total sales are considered as credit sales.

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