calculate working capital turnover ratio from the following particulars:
cost of revenue from operation-12 lakh
gross profit-20% of revenue from operation.
share capital- 5 lakh
general reserve-. 1.5 lakh
surplus i.e.balance in statement of profit and loss- 20,000
long term borrowings-. 1.4lakh
long term provision-. 50000
non current assets-. 4.2lakh
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calculate working capital turnover ratio from the following particulars:
cost of revenue from operation-12 lakh
gross profit-20% of revenue from operation.
share capital- 5 lakh
general reserve-. 1.5 lakh
surplus i.e.balance in statement of profit and loss- 20,000
long term borrowings-. 1.4lakh
long term provision-. 50000
non current assets-. 4.2lakh
Explanation:
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