The Inventory Turnover Ratio Is Calculated As

question 77

Multiple Choice

The inventory turnover ratio is calculated as:

• A)cost of goods sold divided by sales.
• B)cost of goods sold divided by average inventory.
• C)ending inventory divided by cost of goods sold.
• D)average inventory divided by cost of goods sold.

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Definitions:

Self-Actualization

According to Maslow, one of the ultimate psychological needs that arises after basic physical and psychological needs are met and self-esteem is achieved; the motivation to fulfill one’s potential.

Economic Security

The state of having stable income or other resources to support a standard of living now and in the foreseeable future.

Lateral Hypothalamus

An area of the brain that plays a significant role in regulating hunger and thirst.

Ventromedial Hypothalamus

A region of the brain involved in regulating hunger, satiety, and body weight.