Concept:The rate of stock turnover measures how many times the average stock is sold or replaced within a period.Explanation:The rate of turnover is given as 4 times.The average stock is N49,600.To find the turnover, multiply the rate of turnover by the average stock.Turnover =4×49,600=198,400Thus, the turnover for the company in 1999 is N198,400.Answer:B. N198,400