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rolpace88 rolpace88
wrote...
Posts: 3242
8 years ago
The formula to calculate the inventory turnover rate at retail is:
A) net sales divided by average inventory at retail
B) the cost of goods sold divided by the average inventory at cost
C) the cost of goods sold divided by the average inventory at retail
D) the cost of goods sold divided by net sales
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 194 times
3 Replies
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Answer verified by a subject expert
MillionMillion
wrote...
Top Poster
Posts: 3708
8 years ago
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rolpace88 Author
wrote...
8 years ago
That is correct Slight Smile

Thx
wrote...
8 years ago
Great, please mark the topic solved!
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