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Tuesday, 21 April 2026
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The cost of goods sold divided by the average stock held during a trading period gives the
Classroom
Commerce Classroom
Waec
Waec 1997
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The cost of goods sold divided by the average stock held during a trading period gives the
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Gross profit
B
Net profit
C
Net sales
D
Rate of stock turnover
E
Sum of the opening and closing stock
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
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Block laying, bricklaying, and concreting work
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