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Opening the stock plug plus purchase of less closing the stock gives?

Commerce
WAEC 1995
Opening the stock plug plus purchase of less closing the stock gives?
  • A. the rate of turnover
  • B. cost of goods sold
  • C. working capital
  • D. net profit
  • E. gross profit
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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