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Working Capital Turnover : Calculate the working capital turnover for a company with net sales of $700,000 and average working capital of $175,000. What does
- Working Capital Turnover: Calculate the working capital turnover for a company with net sales of $700,000 and average working capital of $175,000. What does this ratio reveal about the company's efficiency in using its working capital?
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
