Which of the following is measured by dividing the average daily cost of goods sold into the average inventory?
A) sale-to-cash conversion period
B) inventory-to-sale conversion period
C) purchase-to-payment conversion period
D) cash conversion cycle

Question

Quizplus · Accepted Answer

The inventory-to-sale conversion period is measured by dividing the average daily cost of goods sold into the average inventory, indicating how long inventory is held before being sold.

Which of the Following Is Measured by Dividing the Average