Given the following information, calculate the Trade Payables Turnover Ratio:
Opening Sundry Creditors: ₹80,000
Opening Bills Payable: ₹3,000
Closing Sundry Creditors: ₹1,00,000
Closing Bills Payable: ₹17,000
Purchases: ₹14,00,000
Cash Purchases: ₹5,00,000
Purchases Return: ₹1,00,000
The Trade Payables Turnover Ratio is calculated using the formula: Trade Payables Turnover Ratio = Net Credit Purchases / Average Trade Payables Net Credit Purchases = Purchases - Cash Purchases - Purchases Return Net Credit Purchases = ₹14,00,000 - ₹5,00,000 - ₹1,00,000 = ₹8,00,000 Average Trade Payables = (Opening Creditors and Bills Payable + Closing Creditors and Bills Payable) / 2 Average Trade Payables = (₹80,000 + ₹3,000 + ₹1,00,000 + ₹17,000) / 2 = ₹1,00,000 Trade Payables Turnover Ratio = ₹8,00,000 / ₹1,00,000 = 8 times
By interchanging the given two signs which of the following equation will be not correct?
× and –
Onion: Cauliflower :: Turmeric : ?
If HOT = 81520 and HEAT = 85120, then HEATER =
450 : 30 :: 242 : ?
Basketball : 5 :: Volleyball : ?
Choose the figure that best represents the relationship among the classes given below.
Company, School, Culture, Health
Dog : Puppy :: Deer : ?
Select the option that is related to the fifth term in the same way as the second term is related to the first term and the fourth term is related to th...
Select the option that is related to the third term in the same way as the second term is related to the first term.
BSTN: AQUP :: DNUC : ?
Select the related number from the given alternatives:
653:87:: 8327: ____