Question

45. Which of the following ratio expressed that how many times the inventory is turning over towards the cost of goods sold? (A) Net profit ratio (B) Gross profit ratio (C) Inventory turnover ratio (D) Inventory holding period​

Answer 1

Answer:

inventory turnover ratio

Answer 2

Answer:

C) Inventory Turnover Ratio

Explanation:

Inventory turnover is a ratio that measures the number of times inventory is sold or consumed in a given time period.