Closing Trade Payables ₹ 5,40,000, Net Purchases ₹ 43,20,000. Cash Purchases ₹ 10,80,000. Calculate Trade Payables Turnover Ratio.
Closing Trade Payables ₹ 5,40,000, Net Purchases ₹ 43,20,000. Cash Purchases ₹ 10,80,000. Calculate Trade Payables Turnover Ratio.
[Ans.: Trade Payables Turnover Ratio = 6 Times.]
Anurag Pathak Changed status to publish August 15, 2023