1 Given cost of goods sold £16,000 and margin of 20 per cent, then sales figure is (A) £20,160 (B) £13,600 (C) £21,000 (D) £20,000 2 If opening stock is £3,000, closing stock £5,000, sales £40,000 and...

1

Given cost of goods sold £16,000 and margin of 20 per cent, then sales figure is

(A) £20,160

(B) £13,600

(C) £21,000

(D) £20,000

2

If opening stock is £3,000, closing stock £5,000, sales £40,000 and margin 20 per cent,

then stockturn is

(A) 8 times

(B) 71/2 times

(C) 5 times

(D) 6 times