If the cost of goods sold is Rs 1 lakh the value of opening and closing stock is Rs 20,000 and Rs 30, 000 respectively the stock turnover ratio will be A 3 3 times B C D 4 times 5 times 2 3 times If the cost of goods sold is Rs 1 lakh the value of opening and closing stock is Rs 20,000 and Rs 30, ...

Answer The correct option is B Explanation ...

If the cost of goods sold is Rs.1 lakh the value of opening and closing stock...

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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If the cost of goods sold is Rs.1 lakh the value of opening and closing stock...

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Answer The correct option is B Explanation ... View the full answer

Intermediate Accounting

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