Inventory Turnover Measured Annually Is ______

Multiple Choice

Inventory turnover measured annually is ______.

A) the ratio of (Annual Average Inventory Investment) to (Annual Cost of Goods Sold)
B) the ratio of (Annual Cost of Goods Sold) to (Annual Average Inventory Investment)
C) the product of (Annual Average Inventory Investment) and (Annual Cost of Goods Sold)
D) the product of (Annual Cost of Goods Sold) and (Annual Average Inventory Investment)