The Inventory Turnover Ratio Is Computed By

question 98

Multiple Choice

The inventory turnover ratio is computed by:

• A)dividing the firm's cost of goods sold by its average inventory.
• B)dividing average inventory by firm's cost of goods sold.
• C)dividing the firm's revenue by its average inventory.
• D)dividing all costs by its average inventory.

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A system for representing text in electronic devices and computers, used for digital communication.

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The minimum hardware and software specifications needed for a computer application to run efficiently.

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A method of expressing numbers as a product of a coefficient and a power of ten, used to easily represent very large or very small numbers.