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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
A) Prance B) Bloc C) Archaic D) Caper
...A minister in charge of a Christian church or congregation, especially in some non-episcopal churches
Choose the correct ANTONYM for the given word.
Exonerate
My neighbour’s son is very mischievous and always getting in everyone’s hair.
Select the most appropriate meaning of the given idiom:
Beating a dead horse
Choose the word opposite in meaning to the given word.
Comprehensive
The act or result of making a condition, injury, etc., worse
Select the most appropriate synonym of the given word.
Regime
Choose the word that is most nearly similar in meaning to the given word-
TRANQUIL
Select the most appropriate synonym of the given word.
Colloquial