Days' Sales in Inventory Is Calculated By

question 194

Multiple Choice

Days' sales in inventory is calculated by:

• A) Ending inventory divided by cost of goods sold times 365.
• B) Dividing merchandise inventory by cost of goods sold.
• C) Cost of goods sold divided by ending inventory times 365.
• D) Ending inventory divided by cost of goods sold.
• E) Dividing cost of goods sold by merchandise inventory.

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Definitions:

Transcription

The complex chain of cellular processes that involves translating the code specified by a gene into the production of a protein. This series of biochemical events ultimately accounts for genetic expression or influence.

Translation

One step in a cell’s production of a protein, in which the cell “reads” the code represented in a strand of mRNA and creates a protoprotein based on that code.

Prenatal Development

The process of growth and development within the womb from conception until birth.

Genome

All of a person’s coded and non-coded DNA.