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


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