E4.6 You are given the ending working capital for two consecutive years: Year 1 was $10,500, and
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E4.6 You are given the ending working capital for two consecutive years: Year 1 was $10,500, and Year 2 is $11,550. Sales revenue for Year 2 is
$878,444. Calculate the working capital turnover ratio.
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Related Book For
Hospitality Management Accounting
ISBN: 9780471483533
8th Edition
Authors: Michael M. Coltman, Martin G. Jagels
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