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solmaris [256]
2 years ago
10

Profit on sale of fixed assets is used to creat

Business
1 answer:
Nadya [2.5K]2 years ago
4 0

Answer:

profit and loss account

Explanation:

The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.

A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company

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