When the cost of sales is divided by the average stock, the result is
A.
gross profit
B.
net profit
C.
rate of turnover
D.
working capital
Answer: C
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.