Using the Information Below Find the Average Inventory Turnover for Vox

question 34

Multiple Choice

Using the information below find the average inventory turnover for Vox Ltd in days. $$\begin{array} { l r } \text { Sales } & \$ 1,800,000 \\\text { Cost of sales } & 1,200,000 \\\text { Stock on hand start } & 360,000 \\\text { Stock on hand end } & 312,000\end{array}$$

• A)102.2 days.
• B)63.26 days.
• C)94.8 days.
• D)68 days.

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Definitions:

Teenage Pregnancy Rate

The rate at which females aged 13-19 become pregnant, often used as a social and public health indicator.

Industrialized Country

A country characterized by a significant level of industrialization, with a major part of its economy focused on manufacturing and services.

Infant Mortality Rate

The statistical measure of deaths of infants under one year old per 1,000 live births, indicating health and social conditions.

Life Expectancy

The average number of years an individual or population is expected to live, based on statistical measures considering current death rates.