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Working Capital Turnover Ratio

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Question

Give one word/term/ phrase for each of the following statements :

The ratio measuring the relationship between gross profit and net sales.

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Solution

Gross profit ratio

Explanation: It is the ratio based on net sales and gross profit earned. It is used to assess the profitability of the core business. It reflects the efficiency with which a firm produces its products. Higher the gross profit, better is its financial performance.

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Working Capital Turnover Ratio

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