Calculate Trade Receivables Turnover Ratio. Option 1: 8.18 times Option 2: 8.23 : 1 Option 3: 8.18% Option 4: 8.81 : 1

The answer is '8.18 times'. View full solution:

CUET Accountancy - Calculate Trade Receivables Turnover Ratio. | PYQs + Solutions

CUET Accountancy

Financial Statements

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8.18 times

8.23 : 1

8.18%

8.81 : 1

✅ Correct Option: 1

Related questions:

20 Aug Shift 2

X Ltd. has a Current Ration of 3.5 : 1 and Quick Ratio of 2 : 1. If excess of current assets over quick assets represented by inventories is Rs. 24,000. Calculate current liabilities.

20 July Shift 1

Match List - I with List - II

List - I	List - II
(a) Working Capital Turnover Ratio	(i) $\frac{\text{Quick Assets}}{\text{Current liabilities}}$
(b) Acid Test Ratio	(ii) $\frac{\text{Operating Profit}}{\text{Rev. from operations}} \times 100$
(c) Operating Profit Ratio	(iii) $\frac{\text{Revenue from operation}}{\text{Working capital}}$
(d) Trade Payables Turnover Ratio	(iv) $\frac{\text{Net Credit Revenue from operation}}{\text{Average Trade payables}}$

Choose the correct answer from the options given below :

3 June Shift 2

Compute Earning per share from following information

Net profit after tax but before dividend	1,75,000
Equity shares of Rs. 10 each	Rs. 7,00,000
Dividend declared @15%
Market price of a share	Rs.13

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