The Inventory Turnover Ratio Compares

question 4

Multiple Choice

The inventory turnover ratio compares:

• A) current assets to average inventory.
• B) cost of goods sold to average inventory.
• C) average receivables to average inventory.
• D)average assets to average inventory.

---

Definitions:

Internal Locus

A psychological concept where an individual believes they can control their life and outcomes.

Control

The power to influence or direct people's behavior or the course of events.

Immune System

The body's defense mechanism against infections, diseases, and foreign substances, comprising various organs, cells, and proteins.

White Blood Cells

Components of the immune system that defend the body against infectious disease and foreign materials.