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A- COGS
B- credit sales
C- Gross margin
D- contribution Margin
The numerator of the inventory turnover is the credit sales
A- >>>>>>>>>>>>>>>COGS
Cost of goods sold
Answer option : >>>>>>>>>>>>>>>>>>>>>> A- COGS
DEFINITION of 'Inventory Turnover'
A ratio showing how many times a company's inventory is sold and replaced over a period. The days in the period can then be divided by the inventory turnover formula to calculate the days it takes to sell the inventory on hand or "inventory turnover days."
inventory turnover is the ratio of COGS and It's average inventory so.the correct answer is A- COGS
A- COGS
Annual Cost of Goods Sold/ Average Inventory
Inventory turnover always does indicate on Cost Of Goods Sold
A- COGS is correct answer.
COGS is the correct answer
correct answer >>>>>>>>>>
A- COGS
answer is
>>A)Cost of goods sold
