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  9. Q53
Question 53

The cost of goods sold divided by the average stock held during a trading period gives the

  • A.gross profit
  • B.net profit
  • C.net sales
  • D.rate of stock turnover
  • E.sum of the opening and closing stock
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1997
Question no.
#53
Type
Objective
Previous · Q52A common carrier is Next · Q54 An organized market for securities is called

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