The rate of turnover of a company in a given year is 4 times while the average stock is N12,400. What is the turnover of the company? by Sunday | Jun 1 | Commerce WAEC | 0 comments A. N49,600 B. N24,800 C. N6,200 D. N3,100 Correct Answer: Option B B. N24,800 Users Also Read These:If the opening stock is Le200, cost of goods sold…The number of times the average stock of a business…Derive the stock turnover period. (Average stock =…From the following figures in the accounting books…Capital at the start was ₦250,000, while capital at…