Inventory Turnover Is Computed by

question 18

Multiple Choice

Inventory turnover is computed by

• A)dividing the cost of goods sold by the average aggregate inventory value.
• B)dividing the average aggregate inventory value by costs of goods sold.
• C)multiplying the average aggregate inventory value by cost of goods sold.
• D)subtracting cost of goods sold from the average aggregate inventory value.

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Definitions:

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