Inventory Turnover Is Calculated by Dividing

question 11

Multiple Choice

Inventory turnover is calculated by dividing:

• A)cost of merchandise sold by average inventory.
• B)amount of total asset by average inventory.
• C)cost of inventory by average inventory.
• D)amount of current assets by average inventory.

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A collection of data or information that has a name, called a filename, and is stored on a computer or digital device.

Utility

Software designed to help manage, maintain, and control computer resources, such as system tools for optimizing performance.

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A digital location for storing files on a computer or other electronic device.

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