2.From the following information, calculate Working capital turnover ratios : Amount (Rs.) 15% debentures 2,00,000 Inventory 1,80,000 14% Loan 2,00,000 Debtors 1,10,000 Creditors 1,40,000 Bank 80,000 Bills payable 50,000 Cash 30,000 Outstanding expenses 10,000 Revenue from operations for the year 2019-20 were Rs. 30,00,000

Working Capital Turnover Ratio
= Revenue from Operations / Working Capital
= 30,00,000/2,00,000
= 15 times

Working notes:
1. Working Capital = Current Assets - Current Liabilities
= Inventory + Debtors + Cash at Bank + Cash in Hand - Creditors - Bills Payable - Outstanding Expenses
= 1,80,000 + 1,10,000 + 80,000 + 30,000 - 1,40,000 - 50,000 - 10,000
= ,4,00,000 - 2,00,000
= ₹2,00,000