The number of times the average stock of a business is sold within a given period is?

a

turnover

b

rate of turnover

c

sales return

d

current ratio

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b

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Lisa Ben
9 years ago

The selected answer is wrong:

Rate of turnover is defined as the number of times the value of average stock of a business is sold during a given period.

REF: Essential commerce for senior secondary school, page 185

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