Stock Turnover and Gross Profit Ratio Quiz
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Questions and Answers

Stock turnover: ? times Total sales: 3,00,000 Gross profit ratio: 20% Closing stock: 4,000 more than opening stockThe opening stock is

6

Stock turnover: 6 times Total sales: ? 3,00,000 Gross profit ratio: 20% Closing stock: ? 4,000 more than opening stockThe opening stock is

Rs.

Stock turnover: 6 times Total sales: 3,00,000 Gross profit ratio: ? Closing stock: 4,000 more than opening stockThe opening stock is

20%

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