Management Accounting Test Questions

Q.  Determine Working capital turnover ratio if, Current assets is Rs 1,50,000, current liabilities is Rs 1,00,000 and Cost of goods sold is Rs 3,00,000.

a. 5 times
b. 6 times
c. 3 times
d. 1.5 times


ANSWER: See Answer
 
No explanation is available for this question!