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    Exam 5: Merchandising Operations
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    Which of the Following Is the Result of Cost of Goods
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Which of the Following Is the Result of Cost of Goods

Question 41

Question 41

Multiple Choice

Which of the following is the result of cost of goods sold divided by average inventory?


A) Current ratio
B) Gross profit percentage
C) Debt ratio
D) Rate of inventory turnover

Correct Answer:

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