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:XYZ Ltd's total sales was #100,000. It had opening…What is the rate of stock turnover?The rate of turnover of a company in a given year is…The rate of turnover of a firm in a given year is 5…The addition of prime cost; indirect cost and…