Excerpts from Tigner Corporation's Most Recent Balance Sheet Appear Below

question 107

Multiple Choice

Excerpts from Tigner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,230 and the cost of goods sold was $820.
-The inventory turnover for Year 2 is closest to:

• A)0.86
• B)1.17
• C)6.31
• D)6.83

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Definitions:

HR Related Tasks

Activities and responsibilities associated with the human resources department, including recruitment, compensation, performance evaluations, and employee relations.

Future Orientation

The extent to which individuals or organizations focus on and prepare for future events and possibilities, often associated with long-term success and planning.

Two-Language Nation

Refers to countries with two official languages recognised by the government and used in official documents, demonstrating a commitment to linguistic diversity.

Aging Population

An aging population denotes a demographic trend where the proportion of individuals aged 65 and over increases in a society, affecting healthcare, pensions, and workforce dynamics.