A grocer sells riceatprofit of20%and useasaweight which is25%less findtheoverall gain%
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⏩to calculate working capital turnover ratio ,where rate of gross profit on cost of company, its gross profit and its shareholders funds are already mentioned⤵⤵⤵
↙↙formula is↘↘
working capital turnover =
gross profit
__________
shareholders fund⏪
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