If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is inventory turnover?
A) 60
B) 10.4
C) 2
D) 0.5
E) None of these choices are correct

Question

Quizplus · Accepted Answer

The Answer of If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is inventory turnover?
A) 60
B) 10.4
C) 2
D) 0.5
E) None of these choices are correct

If the Average Aggregate Inventory Value Is $1,200,000 and the Cost