what is WCT?
Answers were Sorted based on User's Feedback
Answer / nanmaran
Working Capital Turnover ( WCT ). WCT measures how
efficiently the business is using its available assets.
WCT = Net Revenue / (Current Assets - Current Liabilities).
Is This Answer Correct ? | 15 Yes | 2 No |
Answer / nanmaran
WORKING CAPITAL TURNOVER (WCT) shows how efficiently
Working Capital (WC) is employed, i.e., it measures how
efficiently the business is using its available assets
WCT = Net Revenue / (Current Assets - Current Liabilities).
Is This Answer Correct ? | 10 Yes | 3 No |
Answer / rakesh
wct is Works Contract Tax , which deducted from contractor
and deposit in sales tax tresuary in VAT form-II and given
the certificate to contractor in form -XIII.
Is This Answer Correct ? | 9 Yes | 2 No |
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