NABTEB Commerce 2025 Objective — Question 16

Question 16 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2025 Objective paper, with the correct answer and a full explanation.

The rate of stock turnover is

A. 2 timesCorrect
B. 2.6 times
C. 3 times
D. 3.5 times

Explanation

Average stock = (20,000+50,000)/2 = 35,000. Stock turnover = Cost of goods sold / Average stock = 70,000/35,000 = 2 times.

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