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

CUET Accountancy

Financial Statements

Easy

29.6 times

2.96 times

29.60%

2.69 : 1

✅ Correct Option: 2

Related questions:

13 May Shift 2

Calulate Current Ratio from the following information:

Particulars (Rs.)	Amount (in Rs)
Inventories	60,000
Trade receivables	60,000
Advance tax	4,000
Cash and cash equivalents	50,000
Trade payables	1,30,000
Bank Overdraft	4,000

14 May Shift 1

The current ratio is 2.5 : 1. Current assets are Rs. 50,000 and current liabilities are Rs. 20,000. How much must be the reduction in the current assets to bring the ratio to 2 : 1

2 June Shift 2

Operating expense ratio is

CUET Accountancy PYQs

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