All but One of the Following Is True About the Inventory

question 73

Multiple Choice

All but one of the following is true about the inventory turnover ratio.

• A) It is calculated by dividing inventory by cost of goods sold.
• B) It measures how many times the inventory is turned over into saleable products.
• C) The more times a firm can turnover the inventory, the better.
• D) Too high a turnover or too low a turnover could be a warning sign.

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