Monday Corporation Has the Following Data Available What Is the Inventory Turnover for Monday Corporation in 2013

question 98

Multiple Choice

Monday Corporation has the following data available: $\begin{array} { l l } \text { Credit Sales, For the Year Ending December 31, 2013 } & \$ 999 \\\text { Credit Sales, For the Year Endin December 31,2012 } & \$800 \\\text { Accounts Receivable, December 31, 2013 } & \$ 95 \\\text { Accounts Receivable, December 31, 2012 }&\$70 \\\text { Accounts Receivable, December 31, 2011 } & \$ 60 \\\text { Cost of Goods Sold, For the Year Ending December 31,2013 } & \$ 399 \\\text { Cost of Goods Sold, For the Year Ending December 31,2012 } & \$ 336 \\\text { Inventory, December 31, 2013 } & \$ 20 \\\text { Inventory, December 31, 2012 } & \$ 60 \\\text { Inventcry, December 31, 2011 } & \$ 50\end{array}$ What is the inventory turnover for Monday Corporation in 2013? Has the inventory turnover improved or not improved since 2012?

• A)10.0,improved
• B)10.0,unknown
• C)10.0,not improved
• D)30.0,improved
• E)30.0,not improved

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Definitions:

Uterine Contractions

The tightening and relaxing of the uterine muscles, important in childbirth and menstruation.

Oxytocin

A hormone and neurotransmitter involved in childbirth, lactation, and social bonding, produced in the hypothalamus and released by the pituitary gland.

Epinephrine

A hormone and neurotransmitter, also known as adrenaline, secreted by the adrenal glands, vital for the body's fight-or-flight response.

Blood Glucose Concentration

The measure of sugar levels in one's bloodstream, critical for regulating energy and metabolic processes.