Question: Inventory turnover is computed as a . Average Inventory divided by Average Daily Cost of Goods Sold. b . Average Inventory divided by Sales. c

Inventory turnover is computed as
a. Average Inventory divided by Average Daily Cost of Goods Sold.
b. Average Inventory divided by Sales.
c. Cost of Goods Sold divided by Average Inventory.
d. Sales divided by Cost of Goods Sold.

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