9 .2 Calculate the rate of stock turn using the following information: Turnover at s elling price...

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9 .2 Calculate the rate of stock turn using the following information:

Turnover at s elling price = £125,000 Mark-up = 25%

Opening stock at s elling price = £160,000 Closing stock at s elling price = £70,000

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Procurement And Supply Chain Management

ISBN: 9781292317915

10th Edition

Authors: Kenneth Lysons, Brian Farrington

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