Inventory Turnover for a Given Period Can Be Measured as

question 57

Multiple Choice

Inventory turnover for a given period can be measured as

• A) the ratio between the total sales and the total profit derived by selling the goods.
• B) the ratio between the cost of goods sold and the total profit derived by selling the goods.
• C) the ratio between the cost of goods sold and the average inventory investment.
• D) the ratio between the total inventory investment and the average inventory investment.

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