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X limited company opening stock 1/1/21 was ksh 200,000 during the year the bought goods ware 500,000. 31/12/21 the other stock ware 100,000. if the

X limited company opening stock 1/1/21 was ksh 200,000 during the year the bought goods ware 500,000. 31/12/21 the other stock ware 100,000. if the company made sale of 800,000. 

calculate;

  1. cost of good sold
  2. Gross profit 
  3. Rate of stock turnover 

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