Sales are £220,000. Purchases are £160,000. Opening stock is £24,000. Closing stock is £20,000. The rate of stock turnover is ..............times

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
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Sales are £220,000. Purchases are £160,000. Opening stock is £24,000. Closing stock is

£20,000. The rate of stock turnover is

..............times

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