9,00,000 -
Revens
3,00,000 = * 6,00.000.
5 capital
Illustration 94.
Vssets 12,00,000; Current Liabilities 2,40,000; Sales: Credit24,00,000 and
* 5.20,000; Sales Return 40.000; calculate Working Capital Turnover Ratio from
erating
n, etc
Cash * 5,20,000: Sale
the above information.
Solution:
Revenue from Operations ie Mat Salon
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Working capital rs:250000,cost of revenue from operations rs:1000000,gross profit on sale 20% calculate working capital turnover ratio
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