How 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?
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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⏪
↙↙formula is↘↘
working capital turnover =
gross profit
__________
shareholders fund⏪
Answered by
1
Hello Mate,
working capital turnover =
gross profit
__________
shareholders fund
Hope this helps you
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