Match the terms with the definitions.
-The ratio of cost of goods sold to the average merchandise inventory.
A)profitability measures
B)operating income ratio
C)cost of goods sold ratio
D)ratio of liabilities to stockholders' equity
E)return on total assets
F)ratio of net sales to assets
G)horizontal analysis
H)leverage
I)net income ratio
J)liquidity
K)liquidity measures
L)merchandise inventory turnover

Question

Quizplus · Accepted Answer

Merchandise inventory turnover is the ratio of cost of goods sold to the average merchandise inventory, indicating how efficiently inventory is managed.

Match the Terms with the Definitions