Question

The stock turnover figure represents which of the following?

a. the number of times per year in which the average inventory on hand is sold

b. the number of times per year in which the average inventory on hand is purchased

c. the number of times per year in which the average inventory on hand is transferred

d. the number of times per year in which the average inventory on hand is exported

e. the number of times per year in which the average inventory is counted

Answer

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