Last Year, Able Company Had Sales of $10 Million, Cost

question 2

Multiple Choice

Last year, Able Company had Sales of $10 million, Cost of Goods Sold of $6 million, Gross Profit of $4 million and Net Profit of $1 million.Average inventory at cost was $2 million.Able's inventory turn rate was:

• A)5 times
• B)3 times
• C)2 times
• D).5 times

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Definitions:

Radical Feminism

A movement that calls for the restructuring of society to eliminate male supremacy in all social and economic contexts.

Girl Power

A slogan that encourages and celebrates women's empowerment, independence, and confidence.

Control

The power to influence or direct people's behavior or the course of events, often exercised through rules, regulations, or mechanisms designed to manage or govern.

Sexuality

The capacity for sexual feelings, a part of human nature involving how individuals experience and express themselves as sexual beings.