Post Utme Lead City University 2017 Commerce Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 30 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A company's stock turnover ratio is 4 times. If the company's average stock value is ₦100,000, what is the total value of the company's stock?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Lead City University 2017 Commerce Question 30. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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