Question
Which variable is compared to working capital when
calculating the working capital turnover ratio?Solution
The working capital turnover ratio is a financial ratio that measures how efficiently a company is using its working capital to generate sales. It is calculated by dividing net sales by the average working capital over a period of time. Working capital is the difference between a company's current assets and current liabilities. Current assets include things like cash, accounts receivable, and inventory, while current liabilities include things like accounts payable and short-term debt.
With reference to semi-conductors in India, consider the following statements:
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Which U.S. state declared September 3 as 'Sanatana Dharma Day'?
According to the ‘EnviStats India-2024’ report, which Tiger Reserve ranks first in leopard population?
Which company recently introduced India’s first Gen AI Lab in the stock broking market?
Consider the following statements about Red Tide:Â
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What is the headquarters of the International Organization for Standardization (ISO)?  Â
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Which of the following are the principal tributaries of Brahmaputra in India?
A- PuthimariÂ
B- PagladiyaÂ
C- RangoÂ
D- Ts...
Regarding the Konark Sun Temple, consider the following statements:
1.It was built by King Narasimhadeva I of the Eastern Ganga dynasty in the 13...
Which railway station in Uttar Pradesh was recently renamed as Guru Gorakhnath Dham?
