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12. Calculate: (i) Trade Payable Turnover Ratio (ii) Average Payment Period Annual Purchases Opening trade payable Closing trade payable 2010 25,840 3,040 2,680 2011

12. Calculate: (i) Trade Payable Turnover Ratio (ii) Average Payment Period Annual Purchases Opening trade payable Closing trade payable 2010 25,840 3,040 2,680 2011 28,500 2,800 4,200

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