Question 40 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -40 Chapter no - 7 Unimax Class - 12 Part -II
Question No -40 Chapter no - 7 Unimax Class - 12 Part -II

Question 40 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

40. From the following calculate working capital turnover ratio:

Cost of goods sold 5,50,000
Current assets 1,80,000
Current liabilities 70,000

The solution of Question 40 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

Working capital turnover ratio

= C.O.G.S.
Average Working capital

 

 

 

 

= 5,50,000
1,80,000 – 70,000

 

= 5,50,000
1,10,000
  = 5 times  Ans.

Thanks, Please Like and share with your friends  

Comment if you have any Doubts.

Accounting Ratios – Meaning and Definition

 

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication

 

 

 

Advertisement-X

Advertisement

error: Content is protected !!