Question - 42

From the following information calculate working capital turnover ratio :

  1. Current Assets Rs. 8,00,000, Current liabilities Rs. 2,50,000, Credit sales Rs. 15,00,000, Cash sales Rs. 1,80,000, Sales Returns Rs. 30,000.
  2. Capital employed Rs. 5,00,000, Net fixed Assets Rs. 3,00,000, Cost of goods sold Rs. 24,000, Grand profit Rs. 4,00,000.
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