Inventory Turnover

question 35

Multiple Choice

Inventory turnover:

• A) is calculated by dividing accounts receivable by net sales
• B) equals total assets minus current assets divided by average inventory
• C) is calculated by dividing cost of goods by average inventory
• D) equals net sales minus cost of goods sold divided by average turnover

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Definitions:

Polysaccharide

Large molecules composed of many sugar molecules bonded together, serving as energy stores or structural components in living organisms.

Pro-protein

An inactive precursor molecule that must be modified to become an active protein.

Nucleotides

Organic molecules that are the building blocks of nucleic acids like DNA and RNA; consisting of a nitrogenous base, a sugar, and one or more phosphate groups.

DNA Replication

The process by which a cell duplicates its DNA, ensuring each new cell receives an exact copy.