The Inventory Turnover Ratio Is Calculated by

question 62

Multiple Choice

The inventory turnover ratio is calculated by

• A) dividing cost of goods sold by revenues.
• B) dividing average inventory by cost of goods sold.
• C) dividing revenues by cost of goods sold.
• D) dividing cost of goods sold by average inventory.
• E) dividing revenues by average inventory.

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Definitions:

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Power Motive

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A personality trait characterized by outgoingness, high energy, and positive emotions towards social interaction.