The Average Days to Sell Inventory Is Computed by Dividing

question 80

Multiple Choice

The average days to sell inventory is computed by dividing

• A) 365 days by the inventory turnover ratio.
• B) the inventory turnover ratio by 365 days.
• C) net sales by the inventory turnover ratio.
• D) 365 days by cost of goods sold.

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Definitions:

Job Posting

The advertisement of a job opening, typically listing the role's responsibilities, qualifications, and how to apply.

Performance Appraisal

A systematic evaluation by a company of its employees' job performance and productivity, typically on an annual basis, to guide decisions on promotions, raises, and development needs.

Evaluation

A process of assessing or examining something to determine its value, significance, or condition.

Traditional Recruitment

The process of filling job vacancies through conventional methods such as advertising in newspapers, job fairs, or using employment agencies.