Question
ABC Ltd’s purchases during the year were Rs 200000.
The balance sheet shows an average accounts payable balance of Rs 15000. ABC’s payables period approximately equals to:Solution
Purchases Turnover Ratio = Purchases/ Average Payables i.e: 200000/15000 = 13.33 Payables Payment Period = Number of days in a year/ Purchases Turnover Ratio 365/13.33 = 27.38 ~ 28
Which one among the following is not a renewable energy source?
In a landmark event, Narendra Modi inaugurated the first-ever in-plant railway siding for automobiles at which subsidiary of a company?
Where will the second part of the Khelo India Winter Games 2024 be held, and what major collaboration was announced for the Union Territory of Ladakh?
Which of the following hills are located in Purvachal?
Which of the following statement is correct about, industry and trade?
I. Economists have found that poor nations can progress if they have a goo...
In CARE rating, what does R stands for?
Right to privacy as a Fundamental Right is implied in ________.
Which of the following rights was deleted from the list of fundamental rights by the 44th Constitutional Amendment Act?
Cooperative sector industries are operated by producers and suppliers of raw material. Which of the following is an example of a cooperative sector indu...
Relevant for Exams:
