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    Intermediate Accounting IFRS
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    Exam 8: Inventories: Measurement
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    ATC's Inventory Turnover Ratio for 2009 Is
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ATC's Inventory Turnover Ratio for 2009 Is

Question 78

Question 78

Multiple Choice

ATC's inventory turnover ratio for 2009 is:


A) 2.42.
B) 2.76.
C) 3.21.
D) None of these is correct.$138,000 [($43,000 + 57,000) 2] = 2.76

Correct Answer:

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