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Working capital turnover ratio is a/an
Working capital turnover ratio is a/an
A
profitability
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B
activity
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C
solvency
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D
liquidity
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Solution
The correct option is B activity
Working capital turnover is a ratio that measures how efficiently a company is using its working capital to support a given level of sales. hence, it is an activity ratio.
Working capital turnover is a ratio that measures how efficiently a company is using its working capital to support a given level of sales. hence, it is an activity ratio.
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