The rate of turnover of a company in a given year is 4 times while
COMMERCE
WAEC 2003
The rate of turnover of a company in a given year is 4 times while the average stock is N12,4OO. What is the turnover of the company?
- A. N49,600
- B. N24,800
- C. N6,200
- D. N3,100
Correct Answer: B. N24,800
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