Use the Information Above to Answer the Following Question

question 64

Multiple Choice

Use the information above to answer the following question.What is the inventory turnover for 2014?

• A)3.87
• B)4
• C)4.14
• D)2

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Definitions:

Prearranging

Arranging funerals in advance of need. This process can include selecting merchandise, planning the service, determining the method of viewing and final disposition, and selecting persons to be involved in the funeral.

Prefunding

Legally committing money to pay for the funeral service.

Embalming

A process of preserving a deceased body to delay decomposition, typically involving the use of chemicals.

Funeral Expenses

The costs associated with conducting a funeral, which may include fees for a funeral home's services, burial or cremation, and memorial services.