If the opening stock is Le200, cost of goods sold Le2,400, and closing stock Le120, then the rate of turnover is? by Sunday | May 29 | Commerce WAEC | 0 comments A. 20 times B. 15 times C. 12 times D. 7.5 times Correct Answer: Option B B. 15 times Users Also Read These:Opening the stock plug plus purchase of less closing…The rate of turnover of a company in a given year is…If a firm has a turnover of N50 000 and the cost of…If the opening stock of Ali ltd is N40,000, cost of…If the rate of turnover of a company in 1999 was 4…