Inventory Turnover for a Given Period Can Be Measured as

Multiple Choice

Inventory turnover for a given period can be measured as

A) the ratio between the total sales and the total profit derived by selling the goods.
B) the ratio between the cost of goods sold and the total profit derived by selling the goods.
C) the ratio between the cost of goods sold and the average inventory investment.
D) the ratio between the total inventory investment and the average inventory investment.