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Purchasers - #44,880Sales - #85,850Trade creditors - #12,250Trade debtors - #24,...


Question

Purchasers - #44,880

Sales - #85,850

Trade creditors - #12,250

Trade debtors - #24,000

Accrued expenses - # 350

Prepaid expenses - # 700

Stock 1/1/2006 - #25,120

Stock 31/12/2006 - #27,840Determine the number of times stock was turned over during the period to the nearest figure

Options

A) 1

B) 2

C) 3

D) 4

The correct answer is B.


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