Inventory Turnover Measured Annually Is ______

question 88

Multiple Choice

Inventory turnover measured annually is ______.

• A)the ratio of (Annual Average Inventory Investment)to (Annual Cost of Goods Sold)
• B)the ratio of (Annual Cost of Goods Sold)to (Annual Average Inventory Investment)
• C)the product of (Annual Average Inventory Investment)and (Annual Cost of Goods Sold)
• D)the product of (Annual Cost of Goods Sold)and (Annual Average Inventory Investment)