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.
DELINEATE
The customary code of polite behaviour in society
1) The first
2) balloon assent
3) was in 1783
4) in Canada
5) No error
The ominous clouds signaled an approaching storm.
Choose the word similar in meaning to the given word:
Ubiquitous
Select the most appropriate synonym of the given word
Profuse
A) Tantamount B) Natural C) Serious D) Equal
- Select the most appropriate ANTONYM of the bold word in the given sentence.
The soldiers displayed immense courage on the battlefield.
... 13. A) Subdue    B) Loose   C) Stimulate     D) Careless
While India has resumed (A) international flights, red tape left roughly 50 passengers stranded (B) for nearly 48 hours at Yangon airport as the baton ...