Utme 2022 Commerce Question 28

Practice objective / multiple choice question 28 from the 2022 Utme Commerce examination. This question covers Finance .

Utme 2022 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Finance
Question 28 UTME • 2022 • COMMERCE • objective

The rate of turnover of a firm in a given year is 5 times while the average stock is ₦12,500. What is the turnover of the firm?

Answer Options

Correct Answer A. ₦62,500
B. ₦65,000
C. ₦24,000
D. ₦46,500
Correct Answer
A
Correct Option:
₦62,500

About This Question

This is Utme 2022 Commerce Question 28. It is one of the objective questions from the 2022 Utme Commerce examination.

The question covers Finance .

Difficulty level: 2 .

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