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Read the following information extract of Amul Ltd, and answer the questions that follow:
Trade Receivables turnover Ratio 4 times
Current Liabilities Rs.5,000
Average Debtors Rs.1,80,000
Working capital Turnover Ratio 8 times
Cash Revenue from Operations 25% of Revenue firm Operations
Gross Profit Ratio 33 1/3%

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Detailed Solution

Gross profit ratio X Revenue from Operations 33 1/3 % of 9,60,000.

$9, 60, 000 \times \frac{100}{3} \times \frac{1}{100} = 3, 20, 000 .$

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