Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales 33 and 1/3rd percentage; Cost of Revenue from operations or Cost of Goods sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Calculate Working Capital Turnover Ratio.
Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales 33 and 1/3rd percentage; Cost of Revenue from operations or Cost of Goods sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Calculate Working Capital Turnover Ratio.
[Ans.: Working Capital Turnover Ratio = 4 Times.]
Anurag Pathak Changed status to publish August 15, 2023
