Exam BA3 Topic 1 Question 228 Discussion
Actual exam question for CIMA's BA3 exam
Question #: 228
Topic #: 1
Question #: 228
Topic #: 1
Entity V has a cost of sales of £23,850 for last year. Entity V's opening inventories for the year were £15,800, and its closing inventories were £3,570. Entity V had a gross profit margin of 240% for last year.
What was Entity V's inventories turnover figure to the nearest whole number for last year?
What was Entity V's inventories turnover figure to the nearest whole number for last year?
Suggested Answer: C Vote an answer
by Constance at Mar 15, 2026, 11:48 PM
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