12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Total purchase during the year 10,00,000; cash purchase is 25% of total purchase. Opening creditors 1,30,000; Closing creditors 1,70,000. Trade payable turnover ratio will be:

    A) 6.67 times 

    B) 7.69 times

    C) 5.89 times

    D) 5 times

    Correct Answer: D

    Solution :

    5 times


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