When Calculating ROI on Inventory, Inventory Turnover Is Calculated By

question 19

Multiple Choice

When calculating ROI on inventory, inventory turnover is calculated by:

• A) Gross margin divided by Inventory
• B) Gross margin divided by Average inventory
• C) Sales revenue divided by Inventory
• D) Sales revenue divided by Average inventory

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Definitions:

Continuing Education Units (CEUs)

A measure used in continuing education programs, particularly for professionals, to maintain licensure or certification through courses and training.

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Refers to Return Merchandise Authorization, a process used by companies to authorize the return of defective products for repair, replacement, or refund. If referring to a different context, clarification is needed.

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