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When the cost of sales is divided by the average stock, the result is?
Classroom
Commerce Classroom
Waec
Waec 2020
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When the cost of sales is divided by the average stock, the result is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Gross profit
B
Net profit
C
Rate of turnover
D
Working capital
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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