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:

Disposition

An individual's natural attributes of intellect and personality.

Situation

The set of circumstances or context in which events occur, influencing the outcomes of actions or decisions.

Dispositional Attribution

The tendency to attribute people's behaviors to their character or personality, rather than considering external factors that might influence their actions.

Situational Attribution

The process of attributing a person's actions to external circumstances or situations rather than to internal characteristics.