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

---

Definitions:

Personal Failings

Individual weaknesses or shortcomings that affect one's behavior, decisions, or performance in various aspects of life.

Nonjudgmentally Accepts

An approach to experiences and emotions that involves acknowledging their presence without assessing them as good or bad, often used in mindfulness and therapeutic settings.

Empathic Understanding

Empathic Understanding involves fully comprehending and sympathetically relating to the feelings, thoughts, and experiences of another individual.

Active Listening

An approach to listening that involves giving full attention to the speaker, understanding their message, and responding thoughtfully.