Question : The formula for calculating Trade Payables Turnover Ratio is - 

Option 1: Net Credit purchase / Average creditors

Option 2: Net Credit purchase / Avg. creditors + Avg. bills payable

Option 3: Cash Purchase / Total Creditors

Option 4: None of the above

Question : -------------------ratio indicates the relationship between credit purchases and average trade payables during the year.

Option 1: Trade receivable turnover ratio

Option 2: Trade payable turnover ratio

Option 3: Inventory turnover ratio

Option 4: Current ratio

Question : -------------------ratio indicates the relationship between credit purchases and average trade payables during the year.

Option 1: Trade receivable turnover ratio

Option 2: Trade payable turnover ratio

Option 3: Inventory turnover ratio

Option 4: Current ratio

Question : The gross profit ratio is the ratio of gross profit to ______.

Option 1: Net Cash Sales

Option 2: Net Total Sales

Option 3: Closing Stock

Option 4: Net Credit Sales

Question : Which ratio would be get by dividing net credit sales by the average debtors?

Option 1: Current ratio

Option 2: Return on the sales ratio

Option 3: Debtors turnover ratio

Option 4: Average receivables