The Records of Alberta Inc What Is the Inventory Turnover Ratio?
A)3

question 152

Multiple Choice

The records of Alberta Inc.included the following information: $$\begin{array} { l r } \text { Cost of goods sold } & \$ 1,800,000 \\\text { Begirniring irventory } & 435,000 \\\text { Ending irventory } & 465,000\end{array}$$ What is the inventory turnover ratio?

• A)3.87 times
• B)4.00 times
• C)4.14 times
• D)2.00 times

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A framework used in economics to analyze the interactions between a country's economy and the international market, focusing on trade flows, exchange rates, and capital movements.

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