Match each of the following terms with the appropriate formulas.
-$\frac {\text {Cost of goods sold }} { \text {Average inventory } }$

A)Debt ratio
B)Days' sales in inventory
C)Return on common stockholders' equity
D)Inventory turnover
E)Dividend yield
F)Days' sales uncollected
G)Profit margin ratio
H)Gross margin ratio
I)Times interest earned
J)Total asset turnover

Question

Match each of the following terms with the appropriate formulas.
-$\frac {\text {Cost of goods sold  }} { \text {Average inventory } }$

A)Debt ratio
B)Days' sales in inventory
C)Return on common stockholders' equity
D)Inventory turnover
E)Dividend yield
F)Days' sales uncollected
G)Profit margin ratio
H)Gross margin ratio
I)Times interest earned
J)Total asset turnover

Quizplus · Accepted Answer

The formula $\frac {\text{Cost of goods sold}}{\text{Average inventory}}$ is used to calculate the Inventory turnover, which measures how many times a company's inventory is sold and replaced over a period.

Match Each of the Following Terms with the Appropriate Formulas Cost of goods sold Average inventory \frac {\text {Cost of goods sold }} { \text {Average inventory } }Average inventory Cost of goods sold ​

Match Each of the Following Terms with the Appropriate Formulas $\frac {\text {Cost of goods sold }} { \text {Average inventory } }$