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:

Cortisol

A hormone secreted by the adrenal cortex that elevates blood sugar and protects the body’s tissues in case of injury; if chronically elevated due to stress, it can lead to hypertension, immune disorders, other illnesses, and possibly depression.

Hippocampus

A major component of the brain, involved in learning and memory.

Biological Model

An approach to psychology focusing on understanding human behavior in terms of biological responses and processes.

Learning Model

A theoretical framework that describes how individuals acquire, process, and retain knowledge or skills.