The Inventory Turnover Ratio Is Calculated As

question 221

Multiple Choice

The inventory turnover ratio is calculated as:

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

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Conditions that affect a person’s thinking, feeling, behavior, or mood, significantly impacting their ability to relate to others and function each day.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, but the extremes are quite distinct.

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