Question

While calcuating average working capital undrwn profit how totreat?

Answer 1

The working capital turnover ratio is calculated by dividing net annual sales by the average amount of working capital—current assets minus current liabilities—during the same 12-month period. For example, Company A has $12 million of net sales over the past 12 months.

Answer 2

Explanation:

working capital on total calculating average on underground of profit Street