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Inventory turnover Multiple Choice equals total assets minus current assets divided by average inventory. is calculated by dividing cost of goods sold by average inventory.

Inventory turnover Multiple Choice equals total assets minus current assets divided by average inventory. is calculated by dividing cost of goods sold by average inventory. is calculated by dividing accounts receivable by average inventory. is calculated by dividing accounts receivable by net sales. equals net sales minus cost of goods sold divided by average turnover

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