The Universal Network Has Sales of $496,500,cost of Goods Sold

question 116

Multiple Choice

The Universal Network has sales of $496,500,cost of goods sold of $264,900,and inventory of $87,100.What is the inventory turnover rate?

• A)1.33
• B)3.04
• C)5.70
• D)7.14
• E)8.47

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Definitions:

Dispositional Influences

Factors related to an individual's inherent qualities, such as personality traits, that affect their behavior and attitudes.

Dispositional Attributions

The tendency to attribute someone's behavior to their character or personality, rather than external situational factors.

Abilities

The skills, talents, or competencies a person has, which can be natural or developed, that enable them to perform specific tasks or actions.

Exertion

The physical or mental effort applied in order to achieve something.