Accounting Ratios
111. A company earns Gross Profit of 25% on cost. For the year ended 31st March, 2017 its Gross
Profit was 5,00,000; Equity Share Capital of the company was 10,00,000; Reserves and Surplus
2,00,000; Long-term Loan 3,00,000 and Non-current Assets were 10,00,000.
Compute the 'Working Capital Turnover Ratio' of the company,
(Delhi and Al 2018 )
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