The Days' Sales in Inventory Ratio Is Calculated by Dividing

question 74

True/False

The days' sales in inventory ratio is calculated by dividing ending inventory by cost of goods sold and multiplying the result by 365.

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Definitions:

Cross Border

Refers to activities, transactions, or investments that occur between entities located in different countries.

Benchmark

A standard or point of reference against which the performance of an investment or mutual fund can be measured.

Foreign Exchange Risk

The risk of losing money due to unfavorable changes in exchange rates affecting investments or transactions in foreign currencies.