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From the following Trading account of Exe. Ltd. Calculate Stock Turnover Ratio. Dr. Particulars To Opening Stock To Purchase less Returns To Carriage To Gross

From the following Trading account of Exe. Ltd. Calculate Stock Turnover Ratio. Dr. Particulars To Opening Stock To Purchase less Returns To Carriage To Gross Profit TRADING ACCOUNT for the year ending ...... Cr. $ Particulars $ 20,000 By Sales 1,05,000 60,000 Less: Returns 5.000 1,00,000 5,000 By Closing Stock 10,000 25,000 1,10,000 1,10,000

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