Calculate the rate of stock turn using the following information: Turnover at cost price = 100,000 Opening

Question:

Calculate the rate of stock turn using the following information:

Turnover at cost price = £100,000 Opening stock at cost price = £48,000 Closing stock at cost price = £56,000

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Procurement And Supply Chain Management

ISBN: 9781292086118

9th Edition

Authors: Kenneth Lysons, Brian Farrington

Question Posted: