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Working Capital Turnover = Net Sales / Avg. working capital = 2,400,000 / 4,00,000 = 6 A is the correct answer
its working capital turnover ratio be : a)6 b)5.5 c)4.5 d)6.5
Based on the provided financial data, the company's working capital turnover ratio is 6.0. This corresponds to option a). The working capital turnover ratio measures ... See More