2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Total purchase during the year 2,00,000; cash purchase is 25% of Credit purchase. Opening creditor was 2 times of closing creditor; Opening creditor 50,000. Trade payable turnover ratio will be

    A) 4.27 times

    B) 2.67 times

    C) 3 times

    D) 4 times

    Correct Answer: A

    Solution :

    4.27 times


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