Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

A trader supplied the information below. cash purchases during the year: \$14600 credit purchases during the year: \$10800 trade payables at year end: \$1400 What was the trader’s trade payables turnover?

  • A6 days
  • B13 days
  • C21 days
  • D48 days

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI