The working capital turnover ratio can be determined by:

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RRB Paper · Accepted Answer

The working capital turnover ratio can be determined by (the cost of goods sold/working capital).

Working Capital Turnover Ratio: The relationship between working capital and cost of sales is shown under this ratio. Working capital means the difference between current assets and current liabilities. This ratio shows the velocity of utilization of working capital in the organization. The formula is

Working Capital Turnover Ratio = (cost of goods sold/working capital)

The working capital turnover ratio can be determined by:

(gross profit/working capital)

(cost of goods sold/net sales )

(cost of goods sold/working capital)

None of the above

The correct answer is `No. 3: (cost of goods sold/working capital)`

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The working capital turnover ratio can be determined by:

(gross profit/working capital)

(cost of goods sold/net sales )

(cost of goods sold/working capital)

None of the above

The correct answer is No. 3: (cost of goods sold/working capital)

The correct answer is `No. 3: (cost of goods sold/working capital)`