Chemical Engineering > GATE 2021 > Financial Ratios
Turnover ratio is defined as
A
Fixed capital investment/Gross annual sales
B
Gross annual sales/Fixed capital investment
C
Fixed capital investment/Average selling price of the product
D
Gross annual sales/Average selling price of the product

Correct : b

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turnover ratio definition chemical engineering gate 2021 fixed capital investment sales ratio gross sales fixed investment ratio turnover ratio formula chemical engineering ratio sales to capital investment ratio average selling price ratio

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