You are given the ending working capital for two consecutive years: Year 1 was $10,500, and Year

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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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Hospitality Management Accounting

ISBN: 9780471092223

8th Edition

Authors: Martin G Jagels, Michael M Coltman

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Question Posted: Jun 28, 2024 01:12 AM

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You are given the ending working capital for two consecutive years: Year 1 was $10,500, and Year

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Hospitality Management Accounting

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