Numerical - Calculate working capital turnover ratio for given current assets, current liabilities & cost

Q.  Determine Working capital turnover ratio if, Current assets is Rs 1,50,000, current liabilities is Rs 1,00,000 and Cost of goods sold is Rs 3,00,000.
- Published on 14 Sep 15

a. 5 times
b. 6 times
c. 3 times
d. 1.5 times

ANSWER: 6 times

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    Discussion

  • Dhruv   -Posted on 31 Jan 20
    Working Capital Turnover Ratio = COGS/working capital
    Working capital = Current Assets - Current liabilities
    =300000/(150000-100000)
    Answer= 6 times
  • Dhru   -Posted on 31 Jan 20
    Working Capital Turnover Ratio = COGS/working capital
    Working capital = Current Assets - Current liabilities
    =300000/(150000-100000)
    Answer= 6 times

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