Gkseries.com

Inventory turnover ratio = ____ / ____

Inventory turnover ratio = ____ / ____

Q. Inventory turnover ratio = ____ / ____.

A.            Beginning inventory, total goods sold

B.            Average inventory at cost, ending inventory

C.            Cost of goods sold, average inventory at cost

D.            Total goods sold, cost of goods sold

Answer: Cost of goods sold, average inventory at cost

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