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Rate of stock turnover is calculated to determine

Commerce
WAEC 1998

Rate of stock turnover is calculated to determine
  • A. total volume of sales
  • B. number of times goods are bought and sold
  • C. number of times goods are counted
  • D. total value of goods in the store
  • E. the quality of goods sold
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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
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent