Inventory Turnover Can Be Calculated As

question 81

Multiple Choice

Inventory turnover can be calculated as:

• A)Sales/Inventory
• B)Accounts receivable/Inventory
• C)Inventory/Cost of goods sold
• D)Accounts payable/Inventory

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Definitions:

Polyp

A hydralike animal; the sessile stage of the life cycle of certain cnidarians. Compare with medusa.

Stinging Cell

A Stinging Cell, or cnidocyte, is a specialized cell found in the tentacles of jellyfish and other cnidarians used for prey capture and defense by discharging a toxic substance.

Radula

A unique, toothed structure found in mollusks, used for scraping or cutting food before ingestion.

Phylum Platyhelminthes

A group of invertebrates known as flatworms, characterized by their flat bodies, bilateral symmetry, and lack of body cavity.