Question - 46

From the following calculate capital turnover ratio :

Fixed assets (cash) Rs. 12,00,000, Accumulated depreciation till date Rs. 2,00,000, Trade investment Rs. 1,00,000, Current assets Rs. 5,40,000, Current liabilities Rs. 4,40,000, Cash sales Rs. 5,50,000, Gross credit sales Rs. 15,00,000, Sales return Rs. 50,000.

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