passwella.
Menu

WAEC Commerce 2011 Question 21

Question 21

Business Calculations

The turnover of a trade is the

  1. A.number of times the stock is sold.
  2. B.total sales made during a period.
  3. C.profit made during the period.
  4. D.total purchases made during the period.
Show the answer and explanation

Answer: B (total sales made during a period.)

Explanation

Turnover is the total value of sales in a period.