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Closing Creditors ₹ 4,50,000 (including ₹ 1,50,000 due to supplier of new furniture), net Purchase ₹ 36,00,000. Calculate Trade Payables Turnover Ratio.

[Hint: Creditor for new furniture has been excluded since the enterprise does not deal in furniture.]

Anurag Pathak Changed status to publish March 12, 2024
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