If Cost of Goods Sold Remains Unchanged,an Increase in the Inventory

question 3

Multiple Choice

If cost of goods sold remains unchanged,an increase in the inventory turnover ratio is indicative of a(n) :

• A)reduction in the cost of goods sold.
• B)decrease in inventory.
• C)increase in inventory.
• D)increase in sales revenue.

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Definitions:

Parietal Lobes

The lobes that contain the somatosensory cortex (where touch, pressure, temperature, and pain register) and other areas that are responsible for body awareness and spatial orientation.

Cerebral Hemisphere

Either of the two symmetrical halves of the brain (left and right), each controlling specific functions and aspects of perception, cognition, and motor control.

Touch

The sense that allows organisms to perceive pressure, temperature, and pain through physical contact.

Right Hemisphere

The half of the human brain typically associated with processing visual and spatial information, creativity, and intuition.