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Commerce · Q984

Costing

Graduate and Post Graduate · Commerce · question 984

Q984

What is the stock turnover ratio when the opening stock is Rs. 50,000; closing stock is Rs. 60,000 and; and the cost of goods sold is Rs. 2,20,000?

A.
2 times
B.
3 times
C.
4 times
Answer
D.
5 times

Answer: Option C

Solution

Answer: Option C
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