Read the following information and answer the question.

Calculate working capital turnover ratio if revenue from operations ₹36,00,000.

8 times

The correct answer is option 3- 8 times.

Working capital = current asset - current liabilities
                           = 6,00,000 - 1,50,000
                           = ₹4,50,000

Working Capital Turnover Ratio = Revenue from Operation / Working Capital
                                                   = 36,00,000 / 4,50,000
                                                   = 8 times