From the following, calculate working capital turnover ratio:

Sales= Rs. 76,800; Current assets = Rs. 62,400 ; Net profit = Rs. 3,60,000; current liabilities =Rs. 38,400 less than current assets; fixed assets = Rs. 60,000

Question

From the following, calculate working capital turnover
ratio:
Sales= Rs 76,800; Current assets = Rs 62,400 ; Net profit = Rs
3,60,000; current liabilities =Rs 38,400 less than current assets;
fixed assets = Rs 60,000

Shadab Nawaz · Accepted Answer

working turnover ratio = sale / working capital
current asset= 62,400
current liabilities = 62,400 - 38400 = 24000
sales = 76800
now put value
working turnover ratio = sale / working capital
= 76,800 / 38400 = 2 times

From the following, calculate working capital turnover ratio: Sales= Rs. 76,800; Current assets = Rs. 62,400 ; Net profit = Rs. 3,60,000; current liabilities =Rs. 38,400 less than current assets; fixed assets = Rs. 60,000

From the following, calculate working capital turnover ratio:

Sales= Rs. 76,800; Current assets = Rs. 62,400 ; Net profit = Rs. 3,60,000; current liabilities =Rs. 38,400 less than current assets; fixed assets = Rs. 60,000