Which of the Following Is Calculated by Dividing Cost of Goods

question 16

Multiple Choice

Which of the following is calculated by dividing cost of goods sold by average inventory and then dividing this result into 365 days?

• A) Profit margin ratio.
• B) Current ratio.
• C) Days to collect ratio.
• D) Days to sell ratio.

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Definitions:

Babbling Stage

Beginning around 4 months, the stage of speech development in which an infant spontaneously utters various sounds at first unrelated to the household language.

Telegraphic Speech

Telegraphic speech refers to the two-word phrases used by toddlers when learning to speak, which typically include only essential words to get their point across.

Adult Grammar

The set of structural rules governing the composition of sentences, phrases, and words in any given language as used by adults.

Simple Words

Words that are easy to understand and use, often basic vocabulary that does not require specialized knowledge.