A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2009 · Q211 Mark

The following information relates to the final accounts of a business. $000 opening stock 2 470 closing stock 2 156 cost of sales for year 12 500 sales for year 21 660 What was the stock turnover in days?

A68

B72

C126

D144

✓ Correct answer

A: 68

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Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2009 Paper 1 Variant 2, question 21.

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