Derive the stock turnover period.(Average stock = 23,000. Cost of sales = 300,000 year =
FINANCIAL
JAMB 2015
Derive the stock turnover period.(Average stock = 23,000. Cost of sales = 300,000 year = 365 days).
- A. 28 days
- B. 42 days
- C. 27 days
- D. 23 days
Correct Answer: A. 28 days
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