Question 18

Rate of stock turnover is defined as

  • A.purchases over stock
  • B.cost of goods available for sale over total of opening and closing stock
  • C.cost of goods available for sale ovet total of opening and closing stock
  • D.cost of goods sold over total opening and closing stock
  • E.cost of goods sold over average stock
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1994
Question no.
#18
Type
Objective

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