| 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 | |
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Management Accounting
Discussion
Mohammad dilawar
1 week ago
furmula of working capital is =current assets/current liabilities. how it can be 6 times
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- The ratio of current asset to current liability is known as --------------
