Trade Receivables Turnover Ratio and Trade Payables Turnover Ratio are categorised as: Option 1: Liquidity Ratio Option 2: Solvency Ratio Option 3: Activity Ratio Option 4: Profitability Ratio

The answer is 'Activity Ratio'. View full solution:

CUET Accountancy - Trade Receivables Turnover Ratio and Trade Payables Turnover Ratio are categorised as: | PYQs + Solutions

CUET Accountancy

Financial Statements

Easy

Liquidity Ratio

Solvency Ratio

Activity Ratio

Profitability Ratio

✅ Correct Option: 3

Related questions:

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Liquidity Ratios	(I) Debt to Capital Employed Ratio
(B) Solvency Ratios	(II) Net profit ratio
(C) Activity Ratios	(III) Current Ratio
(D) Profitability Ratios	(IV) Working capital Turnover Ratio

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

15 May Shift 1

X Ltd. has a current ratio of 3:1 and quick ratio of 2:1. If excess of current assets over quick assets, represented by inventories is Rs. 5,000, calculate current assets and quick assets.

CUET Accountancy PYQs

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