Property, Plant and Equipment and Intangible Assets (at cost) ₹ 30,00,000; Accumulated Depreciation ₹ 5,00,000; Trade Investments ₹ 2,50,000

Property, Plant and Equipment and Intangible Assets (at cost) ₹ 30,00,000; Accumulated Depreciation ₹ 5,00,000; Trade Investments ₹ 2,50,000; Current Assets ₹ 11,00,000; Current Liabilities ₹ 8,50,000; Cash Revenue from Operations ₹ 10,00,000; Credit Revenue from Operations ₹ 40,00,000. Calculate Net Assets Turnover Ratio.

[Ans.: 1.67 Times.]