Post Utme Ksu 2020 Commerce Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Ksu Commerce examination.

Post Utme Ksu 2020 Commerce Objective / Multiple Choice
Question 3 POST_UTME_KSU • 2020 • COMMERCE • objective

A company's inventory turnover ratio is 5 times. If its average inventory is ₦500,000, what is its total sales?

Answer Options

Correct Answer A. ₦2,500,000
B. ₦2,000,000
C. ₦1,500,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦2,500,000

About This Question

This is Post Utme Ksu 2020 Commerce Question 3. It is one of the objective questions from the 2020 Post Utme Ksu Commerce examination.

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