Question
Which variable is compared to working capital when
calculating the working capital turnover ratio?Solution
The working capital turnover ratio is a financial ratio that measures how efficiently a company is using its working capital to generate sales. It is calculated by dividing net sales by the average working capital over a period of time. Working capital is the difference between a company's current assets and current liabilities. Current assets include things like cash, accounts receivable, and inventory, while current liabilities include things like accounts payable and short-term debt.
Davis Cup is related to which sport?
The National Energy Conservation Day is observed on
Which city is also known as the ‘ City of Festivals ?
India's rank in Global Prosperity Index 2017 is
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The country which shares longest border with INDIA is?
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For an instant electronic fund transfer service that allows inter and intra-bank transfers within seconds to the customer account is a concept of?
On which date is National Mountain Climbing Day observed each year?
Share of service sector is increasing in the Indian economy