34. Rate of Gross profit on cost of a company is 25%. Its Gross profit is Rs.  5,00,000.

Its shareholders’ Funds are Rs.  12,00,000; Current liabilities are Rs.  3,00,000 and Current Assets are Rs.  10,00,000.

Calculate its Working Capital Turnover ratio.

Marks-2/4, CBSE:2016-17/Comp-DL/-21

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