Vidyalelo
Commerce · Q817

Costing

Graduate and Post Graduate · Commerce · question 817

Q817

Inventory turnover ratio = Cost of . . . . . . . . during the period ÷ Cost of average inventory held during the period.

A.
inventory consumed
Answer
B.
minimum inventory
C.
maximum inventory
D.
None of these

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board