The Working Capital of a Small Home-Based Business Is $200,000

question 41

Multiple Choice

The working capital of a small home-based business is $200,000.The revenues generated account to $600,000,and the profits incurred are $300,000.What would be the company's working capital turnover?

• A) 3, that is, $600,000/$200,000
• B) $300,000, that is, $600,000 - $300,000
• C) 2, that is, $600,000/$300,000
• D) $100,000, that is, $300,000 - $200,000

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