Inventory Turnover Is Calculated As

question 63

Multiple Choice

Inventory turnover is calculated as:

• A) average inventory for the period / cost of goods sold
• B) cost of goods sold / average inventory for the period
• C) gross margin for the period / average inventory for the period
• D) average inventory for the period / gross margin for the period

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Definitions:

Androgens

Male sex hormones.

Prenatal Development

The developmental journey from fertilization to delivery inside the uterus.

Germinal

Relating to the initial stage of development after fertilization, in which cell division and implantation in the uterus occur.

Embryonic

Pertaining to the initial stages of development after fertilization and before fetal stage in organisms.