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

question 140

Multiple Choice

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

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

---

Definitions:

Communist Occupation

The control and governance of a territory and its population by communist forces, typically following military conquest or political takeover.

Clark Clifford

An influential American lawyer and policy advisor, notably serving as White House Counsel and Secretary of Defense during the 20th century.

Student Protesters

Individuals enrolled in educational institutions who engage in demonstrations or protests, often to advocate for political, environmental, or social change.

Tenure

A status granted to educators, often at the collegiate level, that provides them with a permanent position, protecting them from being fired without just cause.