Use the following information to answer the given questions
(begin{array}{c|c} & N \ hline Debtors & 30,000 \ Creditor & 20,000 \ text{Opening stock} & 15,000 \ text{Closing stock} & 18,000\ Wages & 3,000 \ Salaries & 10,000 \ Purchases & 30,000 \ Sales & 60,000end{array})
The stock turnover is
(begin{array}{c|c} & N \ hline Debtors & 30,000 \ Creditor & 20,000 \ text{Opening stock} & 15,000 \ text{Closing stock} & 18,000\ Wages & 3,000 \ Salaries & 10,000 \ Purchases & 30,000 \ Sales & 60,000end{array})
The stock turnover is
-
A.
4.0 times -
B.
3.6 times -
C.
3.3 times -
D.
2.0 times -
E.
1.8 times