Question

Cost of Revenue from Operations (Cost of Goods Sold)
1,20,000
52,80,000
5.
Working Capital Turnover Ratio 6 Times.]
Calculate Working Capital Turnover Ratio from the following informatic
Current Assets
Current Liabilities
Cost of Revenue from Operations
Gross Profit
8,60,000
3,40,000
20,00,000
30% of Cost
Net Revenue from Operations
Working Capital
5 Tim
Working Capital Turnover Ratio
5. Calculate Working Capital Turnover Ratio from the following informa
₹
310.000​

Answer 1

4 times

Explanation:

working capital turnover ratio = net sales / working capital

20,00,000/5,20,000

4 times

• working note

working capital = current assets - current liabilities

8,60,000 - 3,40,000

5,20,000