Comprehension Passage
Read the following information carefully and answer the questions :
|
Particulars |
Rs. |
|
Revenue from Operations |
8,75,000 |
|
Creditors |
90,000 |
|
Bills Receivable |
48,000 |
|
Bills Payable |
52,000 |
|
Purchases |
4,20,000 |
|
Trade Debtors |
59,000 |
Calculate Trade Payables Turnover Ratio.
1
29.6 times
2
2.96 times
3
29.6%
4
2.69 : 1