You are given the ending working capital for two consecutive years: Year 1 is $20,800, and Year
Question:
You are given the ending working capital for two consecutive years:
Year 1 is $20,800, and Year 2 is $30,520. Sales revenue for Year 2 is
$1,078,444. Calculate the working capital turnover ratio.
LO1
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Related Book For
Hospitality Management Accounting
ISBN: 9780471687894
9th Edition
Authors: Martin G Jagels, Catherine E Ralston
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