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FINANCIAL MANAGEMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MANAGEMENT2 Marks
Question
How is stock turnover rate associated to working capital?
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Answer

If turn over rate of finished goods is high then requirement of working capital is less. If stock turnover rate is law than requirement of working capital is employees in finished goods.

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