Given N sales 15,000 opening stock 5,600 purchase 9,700 closing stock 4,400 gross profit 4,500 net profit 2,000 What is the rate of turnover from the table?

Question 1 Report

Given

	N
sales	15,000
opening stock	5,600
purchase	9,700
closing stock	4,400
gross profit	4,500
net profit	2,000

What is the rate of turnover from the table?

3.50 times

3.00 times

2.00 times

2.18

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