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Commerce Short Question | Gkseries

When opening stock is ` 50,000, closing stock is ` 60,000 and the cost of goods sold is ` 2,20,000, the stock turnover ratio is :

[A] 2 times
[B] 3 times
[C] 4 times
[D] 5 times
Answer & Explanation

Answer: 4 times

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