Question
If the company earned revenue from operations of Rs.18
lakh, what is the working capital turnover ratio of the company? Direction (14 -17):-Â Study the Balance Sheet below to answer the questions below:Solution
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
The Global Peace Index (GPI) is produced by ______
 Which of the following referred to as ‘paper taxes’?
I.             Weather tax
II.           Gift tax
Which of the following statement is correct about International Craft Summit 2023?
I. Odisha Chief Minister Naveen Patnaik in January 2023 inaugu...
What is the unit of measurement for optical power of the lens?
Speed of light is about __________.
Which animal will be conserved at the Mukundpur Sanctuary in Satna district of Madhya Pradesh?
The Reserve Bank of India has recently introduced ₹50 denomination banknotes in the Mahatma Gandhi Series with a motif of ______ on the reverse.
The red colour of tomatoes is due to the presence of:
Losar (a new year festival) is celebrated in which of the following states?
What was the theme for Consumer Rights Day for 2022?