MCQOPTIONS
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				| 1. | 
                                    "For the financial year ended as on March 31, 20XX the figures extracted from the balance sheet of Xerox Limited as under:Opening Stock Rs 29,000; Purchases Rs 2,42,000; Sales Rs 3,20,000; Gross Profit 25% of Sales.Stock Turnover Ratio will be" :- | 
                            
| A. | 8 times | 
| B. | 6 times | 
| C. | 9 times | 
| D. | 10 times | 
| Answer» B. 6 times | |