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Working capital turnover ratio if.cost of revenue from operation is = Rs. 960000.gross profit =20%excess of current assets over current liabilities = Rs. 300000 |
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Answer» Ans-4:1 Explanation: Cogs=9,60,000 GP On SALES=20% So GP=1/5th on Sales or 1/4 on Cogs GP= 1/4 OF 9,60,000 =2,40,000 So Total Sales= 9.6L+2.4L=12L WCTR=Sales/Working Capital =12L/3L =4:1 |
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