Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

At the end of a financial period, a business gave this information: total purchases during the period $700\,000$; cash purchases in the period $200\,000$; trade payables at the beginning of the period $80\,000$; trade payables at the end of the period $60\,000$. What is the trade payables turnover in days?

  • A32
  • B37
  • C44
  • D52

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