Which of the Following Is the Correct Formula to Calculate

question 102

Multiple Choice

Which of the following is the correct formula to calculate inventory turnover?

• A) Inventory turnover = Cost of goods sold / Average merchandise inventory
• B) Inventory turnover = Cost of goods sold × Average merchandise inventory
• C) Inventory turnover = Cost of goods sold + Average merchandise inventory
• D) Inventory turnover = Cost of goods sold - Average merchandise inventory

---

Definitions:

Testosterone

A steroid hormone primarily produced in the testicles of males and the ovaries of females, playing a key role in the development of male reproductive tissues and characteristics.

Estrogen

A group of hormones primarily responsible for the development and regulation of the female reproductive system and secondary sexual characteristics.

Masculine-looking

Having physical traits that are traditionally associated with male gender norms and appearances.

Feminine-looking

Refers to physical attributes or appearance commonly associated with traditional female characteristics.