2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

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

  • question_answer
    Total purchase during the year 12,00,000; cash purchase is 25% of Credit purchase. Opening creditors 1,00,000; Closing creditors 1,40,000. Trade payable turnover ratio will be:

    A) 8 times

    B) 9.6 times

    C) 6.86 times

    D) 7 times

    Correct Answer: A

    Solution :

    8 times


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