Post Utme Esut 2025 Commerce Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Esut Commerce examination.

Post Utme Esut 2025 Commerce Objective / Multiple Choice
Question 20 POST_UTME_ESUT • 2025 • COMMERCE • objective

In a warehouse, the inventory turnover ratio is calculated as:

Answer Options

Correct Answer A. \frac{Cost of Goods Sold}{Average Inventory}
B. \frac{Average Inventory}{Cost of Goods Sold}
C. \frac{Cost of Goods Sold}{Sales}
D. \frac{Sales}{Cost of Goods Sold}
Correct Answer
A
Correct Option:
\frac{Cost of Goods Sold}{Average Inventory}

About This Question

This is Post Utme Esut 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Esut Commerce examination.

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