mission

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Title: mission

Essay Details:

Subject: Technology

Author: Mary J

Date: August 11, 2013

Level: University

Grade: A

Length: 7 / 2000

Essay text:

Debt Collection Period Meaning, Objective and Method of Calculation: - 1. Capital Turnover Ratio: Capital turnover ratio establishes a relationship between net sales and capital employed. The ratio indicates the times by which the capital employed is used to generate sales. It is calculated as follows: - Capital Turnover Ratio = Net Sales/Capital Employed Where Net Sales = Sales – Sales Return Capital Employed = Share Capital (Equity + Preference) + Reserves and Surplus + Long-term Loans – Fictitious Assets. Objective and Significance: The objective of capital turnover ratio is to calculate how efficiently the capital invested in the business is being used and how many times the capital is turned into sales...

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