Inventory turnover can be calculated by ____.
A) dividing the cost of goods sold by average inventory
B) dividing average inventory by the costs of goods sold
C) multiplying average inventory by 1.5
D) adding beginning and ending inventory and then dividing by two
E) none of the above

Question

Quizplus · Accepted Answer

The Answer of Inventory turnover can be calculated by ____.
A) dividing the cost of goods sold by average inventory
B) dividing average inventory by the costs of goods sold
C) multiplying average inventory by 1.5
D) adding beginning and ending inventory and then dividing by two
E) none of the above

Inventory Turnover Can Be Calculated by ____