Q.

Determine Working capital turnover ratio if, Current asset is Rs 1,50,000, current liability is Rs 1,00,000 & cost of goods sold is Rs 3,00,000.

A. 5 times
B. 6 times
C. 3 times
D. 1.5 times
Answer» B. 6 times
View all MCQs in:   Management Accounting

Discussion

Mohammad dilawar
1 week ago

furmula of working capital is =current assets/current liabilities. how it can be 6 times