Closing Trade Payables ₹ 5,40,000, Net Purchases ₹ 43,20,000. Cash Purchases ₹ 10,80,000. Calculate Trade Payables Turnover Ratio.
Solution:-
Commerce School
Student Community
Archives Answers
Answer
Calculate Trade Payables Turnover Ratio for the year 2022-23 in each of the alternative cases: Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000
Solution:-
Calculate Trade Payables Turnover Ratio from the following information: Opening Creditors ₹ 1,25,000; Opening Bills Payable ₹ 10,000
Solution:-
Calculate Trade Payables Turnover Ratio and Average Debt Payment Period from the following information:
Solution:-
Cash Revenue from Operations (Cash Sales) ₹ 2,00,000, Cost of Revenue from Operations or Cost of Goods Sold ₹ 3,50,000; Gross Profit ₹ 1,50,000; Trade Receivables Turnover Ratio 3 Times: Calculate Opening and Closing Trade Receivables in each of the following alternative cases:
Solution:-
From the following information, calculate Opening and Closing Trade Receivables if Trade Receivables Turnover Ratio is 3 Times:
Solution:-
₹ 1,75,000 is the Credit Revenue from Operations, i.e., Net Credit Sales of an enterprise. If Trade Receivables Turnover Ratio is 8 times
Solution:-
Calculate Trade Receivables Turnover Ratio in each of the following alternative cases: Net Credit Sales ₹ 4,00,000; Average Trade Receivables ₹ 1,00,000
Solution:-
Mercury Ltd. made Credit Sales of ₹ 4,00,000 during the financial period. If the collection period is 36 days and year is assumed to be 360 days, calculate:
Solution:-
A firm normally has trade Receivables equal to two months’ Credit Sales. During the coming year it expects Credit Sales of ₹ 7,20,000 spread evenly over the year (12 months). What is the estimated amount of Trade Receivbles at the end of the year?
Solution:-