Calculate Trade Payables Turnover Ratio. Option 1: 29.6 times Option 2: 2.96 times Option 3: 29.60% Option 4: 2.69 : 1

The answer is '2.96 times'. View full solution:

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

CUET Accountancy

Financial Statements

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29.6 times

2.96 times

29.60%

2.69 : 1

✅ Correct Option: 2

Related questions:

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

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Liquidity Ratio	(I) Interest Coverage Ratio
(B) Profitability Ratio	(II) Acid-Test Ratio
(C) Solvency Ratio	(III) Fixed Assets Turnover Ratio
(D) Activity ratios	(IV) Return on Capital Employed Ratio

Choose the correct answer from the options given below:

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Measure of liquidity	(I) Return on capital employed
(B) Measure of earning capacity	(II) Inventory turnover ratio
(C) Measure of activity of firm's inventory	(III) Profitability ratio
(D) Measure of Productive efficiency of funds	(IV) Current ratio

Choose the correct answer from the options given below:

CUET Accountancy PYQs

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