What Is the Inventory Turnover If the Beginning Inventory Was

question 121

Multiple Choice

What is the inventory turnover if the beginning inventory was $60,000,cost of goods sold was $200,000,and ending inventory was $45,000?

• A)8.8 times
• B)6.7 times
• C)3.8 times
• D)None of the above

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Definitions:

Vertices

The corners or points where two or more edges meet in a geometric shape.

Shifted

Refers to the transformation of a graph or equation that results in its movement to a different position on the coordinate plane, without altering its shape.

Coordinates

A set of values that show an exact position. On graphs, it usually refers to a pair of numbers that define a point in two-dimensional space.

Units

Standard quantities used to specify measurements.