Q1868
Opening stock Rs. 2,000 Closing stock Rs. 3,000 Purchases Rs. 31,000 Debentures (representing 1/3 of owner's capital) Rs. 5,000 Sales Rs. 50,000 Capital turnover ratio will be:
| Opening stock | Rs. 2,000 |
| Closing stock | Rs. 3,000 |
| Purchases | Rs. 31,000 |
| Debentures (representing 1/3 of owner's capital) | Rs. 5,000 |
| Sales | Rs. 50,000 |
Capital turnover ratio will be:
A.
150%
B.
200%
C.
250%
D.
333.33%
AnswerAnswer: Option D
Solution
Answer: Option D
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