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30-05-2023
Business

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Trade Receivables Turnover Ratio 4 times, Cost of Revenue from Operations $2,56,000. Gross Profit on Revenue from operations 20%, Closing Trade Receivables were $8,000 more than at beginning. Cash Revenue from operations being 33-1/3 % of Credit Revenue from operations. Find out the amount of Opening and Closing Trade Receivables.

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