In Inventory Turnover calculation, what is taken in the numerator?

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In Inventory Turnover calculation, what is taken in the numerator?
Posted by:
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
15-October-2014

(a) Sales (b)Cost of Goods Sold,

(c)Opening Stock (d) Closing Stock.

Inventory Analysis Inventory Management

Question added by ABDUS SAKUR TALUKDER , Finance Manager , EMCOR Facilities Services LLC
Date Posted: 2016/02/25

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1 Answers

Waseem Ahmed Memon

by Waseem Ahmed Memon , Pharmacist in-charge , Onyx Pharmacy

The correct answer is B, i.e cost of goods sold

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