Days' Sales in Inventory Is Calculated As

question 56

Multiple Choice

Days' sales in inventory is calculated as:

• A) Ending inventory divided by cost of goods sold.
• B) Cost of goods sold divided by ending inventory.
• C) Ending inventory divided by cost of goods sold times 365.
• D) Cost of goods sold divided by ending inventory times 365.
• E) Ending inventory times cost of goods sold.

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Definitions:

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Strategic planning to identify and develop individuals within an organization to fill key leadership positions in the future.

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