Read the following information carefully and answer the next 5 questions:
| PARTICULARS | AMOUNT (₹) |
| Revenue from operations | 8,75,000 |
| Creditors | 90,000 |
| Bills Receivables | 48,000 |
| Bills Payables | 52,000 |
| Purchases | 4,20,000 |
| Trade debtors | 59,000 |
Trade receivables turnover ratio and trade payables turnover ratio are categorised as:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Activity ratio
NCERT (2026-27 edition):
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