Question: You are given the ending working capital for two consecutive years: Year 1 is $20,800, and Year 2 is $30,520. Sales revenue for Year 2

You are given the ending working capital for two consecutive years:

Year 1 is $20,800, and Year 2 is $30,520. Sales revenue for Year 2 is

$1,078,444. Calculate the working capital turnover ratio.

LO1

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