Merchandise inventory turnover measures the relationship between:

Name: Merchandise inventory turnover measures the relationship between:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Merchandise inventory turnover measures how quickly a company sells its inventory during a specific period of time. It is calculated by dividing the cost of goods sold by the average inventory during that same period. Therefore, the relationship being measured is between the cost of goods sold and merchandise inventory.

Merchandise Inventory Turnover Measures the Relationship Between