Calculate working capital turnover ratio from the following information:

Calculate working capital turnover ratio from the following information:

Current ratio

=

5:3

Quick ratio

=

3:5

Inventory turnover ratio

=

5 times

Closing Stock was Rs.1,92,000 less than opening stock

Gross profit

=

25% on cost

Average debt collection period

=

3 months

Cash sales

=

25% of Total sales

Opening debtors

=

Rs.2,80,000

Closing debtors

=

Rs.3,20,000

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