Determine Working capital turnover ratio if, Current asset is Rs 1,50, – McqOptions

MCQOPTIONS

1.	Determine Working capital turnover ratio if, Current asset is Rs 1,50,000, current liability is Rs 1,00,000& cost of goods sold is Rs 3,00,000.
A.	5 times
B.	6 times
C.	3 times
D.	1.5 times
Answer» C. 3 times

Discussion

No Comment Found

Related MCQs

Which of the following is true about financial statements?A) Financial statement gives a summary of accounts. B) Financial statements can be stated asrecorded facts.
According to prescribed order of assets in a Company s Balance Sheet assets should be shown first of all.
If 6% Pref. share capital 2,00,000 were redeemed at a premium of 5%, while preparing Cash Flow Statement its effect on cash flow will be :
A Ltd., engaged in the business of retailing of two wheelers, invested 50,00,000 in the shares of a manufacturing company. Dividend received on this investment will be :
How will you deal increase in the balance of Securities Premium Reserve while preparing a Cash Flow Statement?
If the amount of goodwill is 40,000 at the beginning of a year and 48,000 at the end of that year then while preparing cash flow statement its effect on cash flow will be :
The ratio which shows the proportion of profits retained in the business out of the current year s profits is
The process of explaining the meaning, significance and relationship between two financial factors is called
Which of the following statement is considered as the accountant s snapshot of firm s accounting value as of a particular date?
Working capital requirements depends on the credit policy of …