If the company earned revenue from operations of Rs.18 lakh, what is the working capital turnover ratio of the company?
Working capital turnover ratio = net revenue/working capital Working capital = current assets – current liabilities = 18,00,000 – 5,00,000 = 13,00,000 Thus, Working capital turnover ratio =18,00,000/ 13,00,000 = 1.38 times
Select the most appropriate option to substitute the bold segment. If no substitution is required select 'No substitution'.
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