Discussion Forum : Accounting Ratios
Question -
Determine working capital turnover ratio if, current assets is Rs 1,50,000, current liabilities is Rs 1,00,000 and revenue from operations is Rs 3,00,000.
Answer: Option C
:
C
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:
C
Working capital = Rs 1,50,000 - Rs 1,00,000
= Rs 50,000
Revenue from operations = Rs 3,00,000
Working capital turnover ratio
= Rs 3,00,000/ Rs 50,000 = 6 times
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