Question

What will be the treatment of Loose Tools/Spares and Stores while calculating the following :-

1. Current Ratio
2.Inventory Turnover Ratio
3.Working Capital
4.Working Capital Turnover
5.Cost of Goods Sold

Thank you in advance.

Answer 1

4 working capital turnover

Answer 2

I think 4th option is ri8...........working capital turnover.....
hope it helps uh.....dear