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Business Data Management · Quiz 1 · 16 Oct 2022 · September 2022 term

Question 13: A firm has INR 500000/- as accounts receivable (debtors)…

Question 13

+1 markNumerical answer

A firm has INR 500000/- as accounts receivable (debtors), while its annual sales turnover is INR 6500000/-. Calculate the firm’s debtor days (round the answer to 2 decimal places).

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Correct answer: 28.05 (accepted within ±0.05)

Question 13 of 13 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 16 Oct 2022, in the September 2022 term (IIT M QUIZ 1 FOUNDATION DAD DIPLOMA QPD2 16 Oct 2022). It carries 1 mark.

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