Calculate the Trade payables turnover ratio from the following figures: Credit purchases during 2014-15 = 12,00,000 Creditors on 1.4.2014 = 3,00,000 Bills Payables on 1.4.2014 = 1,00,000 Creditors on 31.3.2015 = 1,30,000 Bills Payables on 31.3.2015 = 70,000

Calculate the Trade payables turnover ratio from the following figures: Credit purchases during 2014-15 = 12,00,000 Creditors on 1.4.2014 = 3,00,000 Bills Payables on 1.4.2014 = 1,00,000 Creditors on 31.3.2015 = 1,30,000 Bills Payables on 31.3.2015 = 70,000

Name: Calculate the Trade payables turnover ratio from the following figures
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Description: Calculate the Trade payables turnover ratio from the following figures: Credit purchases during 2014-15 = 12,00,000 Creditors on 1.4.2014 = 3,00,000 Bills Payables on 1.4.2014 = 1,00,000 Creditors on 31.3.2015 = 1,30,000 Bills Payables on 31.3.2015

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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