Post Utme Ui 2017 Commerce Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Ui Commerce examination.

Post Utme Ui 2017 Commerce Objective / Multiple Choice

Question 5 POST_UTME_UI • 2017 • COMMERCE • objective

A warehouse's inventory turnover ratio is the ratio of

Correct Answer A. Cost of goods sold to average inventory

B. Average inventory to cost of goods sold

C. Total inventory to total sales

D. Total sales to total inventory

Correct Answer

Correct Option:

Cost of goods sold to average inventory

This is Post Utme Ui 2017 Commerce Question 5. It is one of the objective questions from the 2017 Post Utme Ui Commerce examination.

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