Question

105. From the following information, calculate Working Capital Turnover Ratio:
Cost of Revenue from Operations (Cost of Goods Sold)
Current Assets
Current Liabilities
10,00,000
5,00,000
3,00,000​

Answer 1

Answer:

5times

Explanation:

Working Capital = Current Assets – Current Liabilities

= 5,00,000 – 3,00,000 = 2,00,000

Working Capital Turnover Ratio =

cost of Goods SoldWorking Capital=1000000200000 = 5 times