Home » Past Questions » Commerce » Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing st...

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing st...


Question

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000

What is the rate of stock turnover.

Options

A) 11 times

B) 6 times

C) 4.7 times

D) 4 times

The correct answer is C.


More Past Questions:


Discussion