If the opening stock is Le200, cost of goods sold Le2,400, and closing stock Le120,…

If the opening stock is Le200, cost of goods sold Le2,400, and closing stock Le120, then the rate of turnover is
  • A.
    20 times
  • B.
    15 times
  • C.
    12 times
  • D.
    7.5 times
Correct Answer: Option B
Explanation
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