Question 56 Chapter 4 of +2-B – USHA Publication 12 Class

Question 56 Chapter 4 of +2-B
Q-56- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 56 Chapter 4 of +2-B

Working Capital Turnover Ratio

56. (Working Capital T/O Ratio from Sales) From the following calculate working capital turnover.

 
Current Assets   10,00,000 
Current liabilities  4,00,000 
Sales (Revenue from Operation) 20,00,000

 

The solution of Question 56 Chapter 4 of +2-B: – 

     
Working Capital Turnover Ratio = Sales or Revenue from Operation
  Working Capital
Sales or Revenue from Operation = ₹ 20,00,000
Working Capital = Current Assets – Current Liabilities
  = ₹ 10,00,000 – ₹ 4,00,000
  = ₹ 6,00,000
  = ₹ 20,00,000
Working Capital Turnover Ratio ₹ 6,00,000
     
  = 3.33 times


Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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