Purchasers – #44,880
Sales – #85,850
Trade creditors – #12,250
Trade debtors – #24,000
Accrued expenses – # 350
Prepaid expenses – # 700
Stock 1/1/2006 – #25,120
Stock 31/12/2006 – #27,840
Determine the number of times stock was turned over during the period to the nearest figure
A 1
B 2
C 3
D 4
Answer is B
