Working Capital Turnover = Revenue from Operations / Working Capital (iii). Acid Test (Quick) Ratio = Quick Assets / Current Liabilities (i). Operating Profit Ratio = (Operating Profit / Revenue from Operations) * 100 (ii). Trade Payables Turnover = Net Credit Purchases (here shown as Revenue) / Average Trade Payables (iv).
Match List - I with List - II | List - I | List - II | | --- | --- | | (a) Working Capital Turnover Ratio | (i) Quick Assets Current liabilities | |…
CUET UG 2022 — Accountancy Financial Statements
Match List - I with List - II
| List - I | List - II |
|---|---|
| (a) Working Capital Turnover Ratio | (i) Current liabilitiesQuick Assets |
| (b) Acid Test Ratio | (ii) Rev. from operationsOperating Profit×100 |
| (c) Operating Profit Ratio | (iii) Working capitalRevenue from operation |
| (d) Trade Payables Turnover Ratio | (iv) Average Trade payablesNet Credit Revenue from operation |
Choose the correct answer from the options given below :
Held on 20 Jul 2022 · Verified 13 Jul 2026.
Options
- A
(a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)
- B
(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
- C
(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)
- D
(a) - (i), (b) - (iii), (c) - (iv), (d) - (ii)
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