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With the following data, calculate DSO and Debtor Turnover Ratio. Explain the importance of each...

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Accounting

With the following data, calculate DSO and Debtor Turnover Ratio. Explain the importance of each and make inferences. (5 Marks)

Rs. In Crores

FY 2021-22 FY 2020-21

Sales 1,01,000 87,255

Receivables 36,347 33,331

60% of the sales are on credit basis

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