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Working Capital Turnover Ratio Indicates

Question 39

Multiple Choice

Working capital turnover ratio indicates:


A) the difference between current assets (excluding inventory) and current liabilities.
B) the amount of working capital used in generating sales for the period.
C) the bare minimum working capital that a company should have at any time.
D) the amount of working capital used as a percentage of the assets owned by the company.

Correct Answer:

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