Which of the Following Is the Formula to Compute Inventory

question 42

Multiple Choice

Which of the following is the formula to compute inventory turnover?

• A)Net credit sales/average inventory
• B)Average net accounts receivable/one day's sales
• C)Net credit sales/average net accounts receivable
• D)Cost of goods sold/average inventory

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Definitions:

Antenatal Diagnostics

Medical procedures and tests performed during pregnancy to detect any conditions or abnormalities in the developing fetus.

Premature Rupture

Premature rupture, often referred to as premature rupture of membranes (PROM), is a condition where the amniotic sac breaks before labor begins.

Membranes

Thin layers of tissue that cover surfaces, line cavities, and separate spaces or organs in organisms.

Gestation

The period of development inside the womb from conception to birth.