Question

working Capital turnover ratio can be
determined by​

Answer 1

Answer:

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Explanation:

$The working \: capital \: turn \: over \: ratio is calculated.$

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

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.

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