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What does a low working capital turnover ratio indicates?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

A low working capital turnover ratio indicates under-utilisation of working capital.


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Previous PostWhat will be the impact of increase in Current liabilities on Working Capital turnover ratio? State with reason.
Next PostThe gross profit ratio of a company is 50%. Slate with reason whether the decrease in rent received by Rs. 15,000 will increase, decrease or not change the ratio.

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