Question

The current liabilities of X Ltd. are Rs.80000, stock is Rs.54000 and liquid ratio is 1.2. If the cost of revenue from operation is Rs.280000 and its gross profit is 20% above the cost, calculate the working capital turnover ratio and write its significance.

Answer 1

Answer:

here is the answer

Explanation:

280000 and its gross profit is 20% above the cost, calculate the working capital turnover ratio and write its significance.