Accountancy, asked by jiram4672, 9 months ago

what is the formula for inventory turnover ratio​

Answers

Answered by Anonymous
19

Answer:

The formula for inventory turnover ratio is the cost of goods sold divided by the averageinventory for the same period.

Answered by heemani26
2

Explanation:

The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.

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