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    Exam 9: Understanding Financial Reports: Using Accounting Ratios
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    The Following Information Is Available for David, a Sole Trader
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The Following Information Is Available for David, a Sole Trader

Question 22

Question 22

Multiple Choice

The following information is available for David, a sole trader, for the 20X4 financial year: The following information is available for David, a sole trader, for the 20X4 financial year:   What was the trade payables' turnover period in days (to one decimal place) ? A) 47.2 days B) 12.7 days C) 46.5 days D) 33.5 days What was the trade payables' turnover period in days (to one decimal place) ?


A) 47.2 days
B) 12.7 days
C) 46.5 days
D) 33.5 days

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