You are able to collect the following information about a company for two years
| Items |
2004 |
2005 |
| Book debts on April 1 |
Rs.4,00,000 |
Rs.5,00,000 |
| Book debts on March 30 |
|
Rs.5,60,000 |
| stock in trade on march 31 |
Rs.6,00,000 |
Rs,900,000 |
| sales (at gross profit of 25%) |
Rs. 3,00,000 |
Rs.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.
