The Inventory Turnover Ratio Is Calculated by Dividing

question 111

Multiple Choice

The inventory turnover ratio is calculated by dividing

• A) cost of goods sold by the ending inventory.
• B) cost of goods sold by the average inventory.
• C) average inventory by cost of goods sold.
• D) cost of goods sold by the beginning inventory.

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Definitions:

World Languages

The languages that are widely spoken across different countries and cultures around the globe, often used for international communication.

Germanic

Pertaining to the people, languages, and cultures of the Germanic tribes, historically native to Northern Europe, or relating to the languages derived from Old Germanic, such as German, English, Dutch, and Scandinavian languages.

Subgroup of Languages

A smaller grouping of languages within a larger language family, showing close historical and linguistic relationships.

Indo-European Language

A family of several hundred related languages and dialects, including most of the languages spoken in Europe and parts of Asia.