Question
If Sales = $100,000, Inventory = $50,000, Total Assets = $150,000. What will be the Inventory Turnover ratio? a) 2 b) 2.2 c) 0.02 d)
If Sales = $100,000, Inventory = $50,000, Total Assets = $150,000. What will be the Inventory Turnover ratio?
a) 2 b) 2.2 c) 0.02 d) 0.022
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Financial and managerial accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
1st edition
111800423X, 9781118233443, 1118016114, 9781118004234, 1118233441, 978-1118016114
