Inventory Turnover Can Be Calculated by ___________

question 80

Multiple Choice

Inventory turnover can be calculated by ___________.

• A)dividing the cost of goods sold by average inventory
• B)dividing average inventory by the cost of goods sold
• C)multiplying average inventory by 1.5
• D)adding beginning and ending inventory and then dividing by 2

---

Definitions:

Sample Size

The number of observations or participants in a study, significant for determining the study's statistical power.

Internal Validity

The extent to which a study can demonstrate a clear cause-and-effect relationship, limiting the impact of external variables.

Dependent Variables

In an experiment, these are the variables that are tested and measured to see how they are affected by changes in independent variables.

Cognitive Analysis

The process of breaking down mental activities and thought processes into their components for understanding.