Thomas Company Provided the Following Particulars for Year 2015

question 83

Multiple Choice

Thomas Company provided the following particulars for year 2015:
Calculate Thomas's inventory turnover ratio for the year. (Round your answer to two decimal places.)

• A) 5.53 times per year
• B) 3.69 times per year
• C) 2.76 times per year
• D) 1.85 times per year

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Definitions:

Congenital Disorder

A medical condition that is present at birth, which can result from genetic factors, infections, or environmental exposure during pregnancy.

Urge Incontinence

A condition characterized by a sudden, intense urge to urinate followed by an involuntary loss of urine.

Bladder Training

A method of behavior therapy that helps individuals regain control over their urinary bladder function.

Loop Diuretic

A type of diuretic drug that acts on the kidneys to promote the excretion of water and salt, used to treat conditions like hypertension and edema.