Post Utme Ims U 2018 Accounting Question 36
Practice objective / multiple choice question 36 from the 2018 Post Utme Ims U Accounting examination.
A company uses the weighted average method to compute its inventory turnover ratio. The beginning inventory is ₦100,000, and the ending inventory is ₦120,000. The cost of goods sold is ₦500,000. What is the inventory turnover ratio?
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About This Question
This is Post Utme Ims U 2018 Accounting Question 36. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.
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