abhishreshthaa
Abhijeet S
CAPITAL TURNOVER RATIO
This ratio establishes a relationship between net sales and capital employed.
Objectives:- The objectives of computing this ratio are to determine the efficiency with which the capital employed is utilized.
Formula:-
Capital Turnover Ratio = Net Sales x 100
Capital Employed
This ratio establishes a relationship between net sales and capital employed.
Objectives:- The objectives of computing this ratio are to determine the efficiency with which the capital employed is utilized.
Formula:-
Capital Turnover Ratio = Net Sales x 100
Capital Employed