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If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover? A. 19.23 B. 4.5 C. 0.8654 D. 0.2222 E.…

If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover? A. 19.23 B. 4.5 C. 0.8654 D. 0.2222 E.…
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If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover?

A. 19.23
B. 4.5
C. 0.8654
D. 0.2222
E. None of the above

asked
User Pocheptsov
by
8.2k points

1 Answer

4 votes

Answer: B 4.5

Step-by-step explanation:

answered
User Rahulritesh
by
8.1k points
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