Post Utme Bells University 2025 Commerce Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Bells University Commerce examination.

Post Utme Bells University 2025 Commerce Objective / Multiple Choice

Question 3 POST_UTME_BELLS_UNIVERSITY • 2025 • COMMERCE • objective

A warehouse's inventory turnover ratio is calculated as

Answer Options

Correct Answer A. Cost of goods sold ÷ Average inventory

B. Average inventory ÷ Cost of goods sold

C. Average inventory ÷ Sales

D. Sales ÷ Average inventory

Correct Answer

Correct Option:

Cost of goods sold ÷ Average inventory

About This Question

This is Post Utme Bells University 2025 Commerce Question 3. It is one of the objective questions from the 2025 Post Utme Bells University Commerce examination.

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