You Can Calculate Inventory Turnover Dividing Cost of Goods Sold

question 150

Multiple Choice

You can calculate inventory turnover dividing cost of goods sold by _____.

• A)inventory
• B)employee theft
• C)gross profit
• D)volume

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Definitions:

Portfolio Variance

A measurement of the dispersion of returns of a portfolio, indicating the degree of investment risk.

Risky Securities

Financial instruments that carry a higher degree of uncertainty and a higher risk of loss, such as stocks.

Weighted Sum

A calculation that takes various quantities into account, multiplying each by a factor that reflects its importance and then adding these products together.

Variances

Statistical measures of the dispersion or spread in a set of data points, often used to assess the volatility of investment returns.