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rolpace88 rolpace88
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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
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Business Math

Business Math


Edition: 10th
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MillionMillion
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8 years ago
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rolpace88 Author
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#2
8 years ago
That is correct Slight Smile

Thx
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#3
8 years ago
Great, please mark the topic solved!
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