The Inventory Turnover Ratio Is Represented by Which of the Following

question 3

Multiple Choice

The inventory turnover ratio is represented by which of the following formulas?

• 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

---

Definitions:

C2C

Consumer-to-Consumer, a business model where consumers trade with each other, often through online platforms.

NHL Rookie Cards

Collectible trading cards featuring National Hockey League players in their debut season, often sought after by collectors.

Bribery

The act of offering, giving, receiving, or soliciting something of value as a means of influencing the actions of an individual holding a public or legal duty.

Cleanest Countries

Nations recognized for maintaining high standards of environmental cleanliness and sustainability practices.