Question
Calculate the Working Capital Turnover Ratio:
Refer to the following information to answer the next 4 questions (Q15 to Q18):Solution
Working Capital Turnover Ratio = Net Sales / Working Capital =12,00,000/ 1,50,000 Working Capital = Current Assets – Current Liabilities = 2,10,000 – 60,000 = 1,50,000 Current Assets: Closing Stock + Trade Receivables + Cash = 1,00,000 + 1,00,000 +10,000 = 2,10,000 Current Liabilities = Trade payables + Bank Overdraft = 40,000 + 20,000 = 60,000
Window : Curtain ::?:?
Based on the numerical analogy given, choose the correct answer from the options given below:
16:56 32:?
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
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