How Long a Company Holds Inventory Before Selling It Can

question 66

Multiple Choice

How long a company holds inventory before selling it can be measured by dividing cost of goods sold by the average inventory balance to determine the:

• A)Accounts receivable turnover.
• B)Inventory turnover.
• C)Days' sales uncollected.
• D)Current ratio.
• E)Price earnings ratio.

---

Definitions:

Guards

Individuals tasked with the protection of people, property, or premises, often through monitoring and enforcing safety protocols.

Aggressive

Behaviors or attitudes characterized by hostility or assertiveness towards others, potentially leading to conflict.

Prisoners

Individuals who are held in confinement as a punishment for crimes they have been convicted of, or while awaiting trial.

Revolt

An act of rebellion against authority or established order; a refusal to accept control or comply with norms.