Post Utme Al Hikmah University 2023 Commerce Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2023 Commerce Objective / Multiple Choice
Question 40 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • COMMERCE • objective

A business has a stock turnover ratio of 4:1. If the business has a stock value of ₦100,000, what is the total sales value?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Al Hikmah University 2023 Commerce Question 40. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Commerce examination.

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