Green & co. showed it's net sales for a recent year Rs 1,800,000 and its average amount of working capital during the year was Rs.400,000?

Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/07/16

Upvote (1) Views (10) Followers (5) Answers (4) Report Question

by SIRAJUDHEEN KOTTAMBARA , Financial Internal Auditor , Sharjah Electricity, Water and Gas Authority

Working Capital Turnover = Net Annual Sales / Average Working Capital

= $ 1,800,000 / $ 400,000

= 4.5

by Anthony Mark Dixon , Finance and Administration Co-ordinator , Rhema

a) 4.5 as R1800000 devided by R400000 is 4.25.

by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Answer is option (C)4.5

by Emmanuel anyedina , LIMITED , ATLAS GSA

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