When opening stock is ₹ 50,000 closing stock ₹ 60,000 and cost of goods sold is ₹ 2,20,000, then stock turn over ratio is:
A. 2 times
B. 3 times
C. 4 times
D. 5 times
Answer:A
When opening stock is ₹ 50,000 closing stock ₹ 60,000 and cost of goods sold is ₹ 2,20,000, then stock turn over ratio is:
A. 2 times B. 3 times C. 4 times D. 5 times