Inventory turnover measured annually is the ______.
A. ratio of annual average inventory investment to annual cost of goods sold
B. ratio of annual cost of goods sold to annual average inventory investment
C. product of annual average inventory investment and annual cost of goods sold
D. product of annual cost of goods sold and annual average inventory investment
B. ratio of annual cost of goods sold to annual average inventory investment
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If the current ratio is 2.5 to 1, net income is $6,000, and current liabilities are $18,000, how much is working capital?
a. $ 6,000 b. $ 24,000 c. $ 27,000 d. $ 45,000
Bondholders are one of the users of financial statements
a. True b. False Indicate whether the statement is true or false
Which of the following is not one of the objects used in Microsoft Access?
A. Tables. B. Macros. C. Forms. D. Sites.
In which form of business does CVS operate? List two places where this is revealed in the financial statements