Which of the Following Factors Are Used in Calculating a Company's

question 58

Multiple Choice

Which of the following factors are used in calculating a company's number of days' sales in inventory?

• A) Average inventory and 365
• B) Inventory turnover and 365
• C) Cost of goods sold and 365
• D) Average accounts payable and 365

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Definitions:

Dormancy

Period of temporarily suspended metabolism.

Metabolic Activity

The set of life-sustaining chemical transformations within the cells of living organisms.

Germination

The process by which a plant grows from a seed or spore after a period of dormancy.

Apical Dominance

Effect in which a lengthening shoot tip inhibits the growth of lateral buds.