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Working Capital Turnover and Operational Efficiency : Calculate the working capital turnover for a company with net sales of $800,000 and average working capital of
- Working Capital Turnover and Operational Efficiency: Calculate the working capital turnover for a company with net sales of $800,000 and average working capital of $200,000. Discuss what this ratio indicates about the company's efficiency in using its working capital to generate sales, and what strategies can be employed to improve this ratio.
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