Capital Employed ₹ 12,00,000; Net Fixed Assets ₹ 8,00,000; Cost of Goods sold or Cost of Revenue from Operations ₹ 40,00,000; Gross Profit is 20% on Cost. Calculate Working Capital Turnover Ratio.
Capital Employed ₹ 12,00,000; Net Fixed Assets ₹ 8,00,000; Cost of Goods sold or Cost of Revenue from Operations ₹ 40,00,000; Gross Profit is 20% on Cost. Calculate Working Capital Turnover Ratio.
[Ans.: Working Capital Turnover Ratio = 12 Times.]
Anurag Pathak Changed status to publish August 15, 2023