The average creditors are ₹74,000, creditors turnover ratio is 4.80. Amount of credit purchases will be :
CS Executive · Cost and Management Accounting · PYQS · June 2019
The average creditors are ₹74,000, creditors turnover ratio is 4.80. Amount of credit purchases will be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Statement Analysis
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