Which of the Following Formulas Gives the Inventory Turnover Ratio

question 157

Multiple Choice

Which of the following formulas gives the inventory turnover ratio?

• A)Net credit sales/Average inventory
• B)Average inventory/Net credit sales
• C)Cost of goods sold/Average inventory
• D)Average inventory/Cost of goods sold

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Definitions:

Cardiac Index

A hemodynamic parameter that relates the cardiac output (CO) from left ventricle in one minute to body surface area, thus relating heart performance to the size of the individual.

Stroke Volume

The amount of blood ejected by the left ventricle of the heart during each contraction, a critical component of cardiac output.

Energy Level

Refers to the amount of energy a person has, which can affect their ability to perform activities and their overall feeling of vitality.

Daily Exercise

Regular physical activity performed on a daily basis to improve or maintain physical fitness and overall health.