Total Purchases Rs. 4,50,000, Cash Purch...

Total Purchases Rs. 4,50,000, Cash Purchases Rs. 1,50,000, Creditors Rs. 50,000, Bills Payables Rs. 10,000. Trade Payables Turnover Ratio will be :

7.5 times

6 times

9 times

5 times

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Shri Suresh Gupta purchased a running business on 1st April, 2019 at an agreed value of Rs. 10,00,000. Following are the assets and liabilities taken over: Land and Building Rs. 4,00,000, Plant and Machinery Rs. 4,50,000, Furniture and Fixtures Rs. 1,50,000, Stock Rs. 3,50,000, Sundry Debtors Rs. 3,00,000, Sundry Creditors Rs. 2,50,000, Bills Payable Rs. 1,00,000, Bank Loan Rs. 3,00,000. Pass Journal entry to record the transactions.

From the following information, prepare Trading Account for the year ended 31st March, 2019: Cash Purchases Rs 1,50,000, Credit Purchases Rs 9,00,000, Returns Inward Rs 20,000, Cash Sales Rs 1,60,000, Credit Sales Rs 11,00,000, Reutrns Outward Rs 10,000, Freight Inwards Rs 3,000, Carriage Inwards Rs 3,000, Wages and Salaries Rs 4,000, Opening Stock Rs 1,50,000, Closing Stock Rs 88,000 but its net realisable value (market value) is Rs 84,000

DK GOEL-ACCOUNTING RATIOS-Multiple Choice Questions (Activity Ratios)

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The formula for calculating the Trade Receivables Turnover Ratio is :
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Credit revenue from operations Rs. 24,00,000, Trade Receivables Turnov...
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Credit revenue from operations Rs. 6,00,000, Cash revenue from operat...
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On the basis of following data, a Company's closing debtors will be: ...
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Total credit revenue from operations of a firm is Rs. 5,40,000. Averag...
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The formula for calculating Trade Payables Turnover Ratio is :
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Credit Purchases Rs. 6,00,000, Trade Payables Turnover Ratio 5, Calcul...
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Current Assets Rs. 5,00,000, Current Liabilities Rs. 1,00,000, Revenue...
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On the basis of following data, the Working Capital Turnover Ratio of ...
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