If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.
-
A.
N 199,400 -
B.
N 198,400 -
C.
N100,200 -
D.
N99,200
Correct Answer: Option B
Explanation
4 x 49,600 = 198,400
If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.
4 x 49,600 = 198,400