Question: You are given the ending working capital for two consecutive years: Year 1 was $10,500, and Year 2 is $11,550. Sales revenue for Year 2
You are given the ending working capital for two consecutive years: Year 1 was $10,500, and Year 2 is $11,550. Sales revenue for Year 2 is
$878,444. Calculate the working capital turnover ratio.
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