Calculate working capital turnover ratio, from the following information: Current Assets Current Liabilities Credit Sales Cash Sales Sales Returns 6,00,000 1,20,000 12,00,000 2,60,000 20,000

Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7DQ: From the Google Finance site, use the DuPont analysis to determine the total assets turnover ratio...
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Calculate working capital turnover ratio, from the following information:
Current Assets
Current Liabilities
Credit Sales
Cash Sales
6,00,000
1,20,000
12,00,000
2,60,000
20,000
Sales Returns
Transcribed Image Text:Calculate working capital turnover ratio, from the following information: Current Assets Current Liabilities Credit Sales Cash Sales 6,00,000 1,20,000 12,00,000 2,60,000 20,000 Sales Returns
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