CUET Accountancy 2024
Accountancy
Accounting Ratios
Easy
| Particulars | ₹ |
|---|---|
| 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 |
Trade Receivables Turnover Ratio and Trade Payables Turnover Ratio are categorised as:
Trade Receivables Turnover Ratio and Trade Payables Turnover Ratio are categorised as:
Correct Option: 3
Trade Receivables Turnover Ratio and Trade Payables Turnover Ratio measure how efficiently a company collects money from customers and pays its suppliers.These ratios show how well a business manages its short-term assets and liabilities.They fall under Activity Ratios because they assess the efficiency of operations.So, the correct answer is: Option 3.
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