Inventory turnover is calculated as:
A) total assets/inventory
B) current liabilities/inventory
C) sales/inventory
D) none of the above

Name: Inventory turnover is calculated as: A) total assets/inventory B) current liabilities/inventory C) sales/inventory D) none of the above
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Question

Quizplus · Accepted Answer

Inventory turnover is calculated as sales divided by inventory, which measures how many times a company's inventory is sold and replaced over a period.

Inventory Turnover Is Calculated As