Asked by Emmanuel
Stock turnover means _____
A. The value of sales
B. The value of closing stock
C. The Value of opening stock
D. The value of goods return
A. The value of sales
B. The value of closing stock
C. The Value of opening stock
D. The value of goods return
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Answered by
GPT 3.5
A. The value of sales
Stock turnover refers to the number of times a company's inventory is sold and replaced over a certain period of time, typically a year. It is used to measure how efficiently a company is managing its inventory.
Stock turnover refers to the number of times a company's inventory is sold and replaced over a certain period of time, typically a year. It is used to measure how efficiently a company is managing its inventory.
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