115 :- Calculate Working Capital Turnover Ratio from the following information :
Revenue from Operations Rs 12,00,000
Current Assets Rs 5,00,000
Current Liabilities Rs 2,00,000
Solution :-
Working Capital Turnover Ratio = Revenue from Operations/Working Capital
= 12,00,000/3,00,000
= 4 Times
Working Capital = Current Assets – Current Liabilities
= 5,00,000 – 2,00,000
= Rs 3,00,000