If a Firm's Inventories on Hand Are $200,000, Its Cost

question 124

Multiple Choice

If a firm's inventories on hand are $200,000, its cost of goods sold is $600,000, and its sales are $800,000, what is the inventory turnover?

• A) 2 times
• B) 3 times
• C) 4 times
• D) 5 times

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Definitions:

Behavioural Deficits

Lacking or reduced abilities in specific behaviors, often compared to a norm or expected standard.

Prognosis

Prognosis is the likely outcome or course of a disease, often regarding the chances of recovery.

Schizophrenia

A serious psychiatric disorder highlighted by abnormalities in reasoning, sensing, emotional state, expression, self-awareness, and activities.

Onset

The beginning or start of something, often used in the context of symptoms or diseases.