The fiNancial Ratio Days' Sales in Inventory Is Measured As

question 275

Multiple Choice

The financial ratio days' sales in inventory is measured as:

• A) Inventory turnover plus 365 days.
• B) Inventory times 365 days.
• C) Inventory plus cost of goods sold, divided by 365 days.
• D) 365 days divided by inventory.
• E) 365 days divided by inventory turnover.

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Definitions:

Union Membership

The state of being a part of an organized association of workers created to protect and further their rights and interests.

Shirking

The behavior of employees who avoid or reduce work effort, underperforming in their job responsibilities, often when unsupervised or inadequately monitored.

Unionization Rate

The percentage of a particular population of workers that belongs to labor unions; alternatively, the percentage of a population of workers that is represented by one union or another in collective bargaining.

Food Workers

Individuals engaged in occupations related to the preparation, distribution, and serving of food, often in the hospitality and retail sectors.