33. A company earns Gross profit of 25% on cost. For the year ended 31st March, 2017 its Gross Profit was Rs. 5,00,000; Equity Share Capital of the company was Rs. 10,00,000; Reserves and Surplus Rs. 2,00,000; Long Term Loan Rs. 3,00,000 and Non Current Assets were Rs. 10,00,000.
Compute the ‘Working capital turnover ratio’ of the company.
Marks-2/4, CBSE:2017-18/Comp/Q-21