Multiple Choice
Working capital turnover ratio can be determined by :
A) ( gross profit / working capital )
B) ( cost of goods sold / net sales )
C) ( cost of goods sold / working capital)
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Financial statements are _.<br>A)anticipated facts<br>B)recorded facts<br>C)estimated of
Q8: Which of the following is not included
Q9: When the concept of ratio is defined
Q10: Determine Working capital turnover ratio if, Current
Q11: Which of the following are Non-current assets?<br>A)land,
Q13: Stock is considered as a liquid asset
Q14: In common size income statement analysis, which
Q15: Liquidity ratios are expressed in<br>A)pure ratio form<br>B)percentage<br>C)rate
Q16: Return on properties funds is also known
Q17: Financial statements are meaningful and useful only