Working capital turnover ratio indicates:
a. the difference between current assets (excluding inventory) and current liabilities.
b. the amount of working capital used in generating sales for the period.
c. the bare minimum working capital that a company should have at any time.
d. the amount of working capital used as a percentage of the assets owned by the company
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
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