The inventory turnover ratio is measured as:
A) sales divided by inventory.
B) inventory times total sales.
C) cost of goods sold divided by inventory.
D) inventory divided by cost of goods sold.
E) inventory divided by sales.
Correct Answer:
Verified
Q12: Ratios that measure a firm's financial leverage
Q13: The equity multiplier is measured as total:
A)equity
Q14: The current ratio is measured as:
A)current assets
Q15: You would like to compare your firm's
Q16: The quick ratio is measured as:
A)current assets
Q18: Ratios that measure how efficiently a firm
Q19: Days' sales in inventory is measured as:
A)inventory
Q20: The financial ratio measured as net income
Q21: The long-term debt ratio is probably of
Q22: A supplier,who requires payment within ten days,should
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