O-LevelAccountingAnalysis and interpretation7707/11 · May/June 2024 · Q321 Mark

A trader provided the following information. $ cash purchases for the year 146 000 credit purchases for the year 108 000 trade payables at the year end 14000 What was the trader's trade payables turnover?

A6 days

B13 days

C21 days

D48 days

✓ Correct answer

D: 48 days

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2024 Paper 1 Variant 1, question 32.

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