ACCTG 321
University Of Phoenix
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Wk 3 – Practice: Topic 9: Assessing How Well Companies Manage Their Inventories Quick Check Score: 20 / 20 (100.00%
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1. Which of the following factors are used in calculating a company’s inventory turnover?

o Net sales and average inventory

o Cost of goods sold and average working capital

o Average inventory and cost of goods sold

o Average accounts receivable and net sales

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2 / 2 (100.0%)

2. Which of the following factors are used in calculating a company’s number of days’ sales in
Exam (elaborations)
Wk 3 – Practice: Topic 9: Assessing How Well Companies Manage Their Inventories Quick Check Score: 20 / 20 (100.00%
Last document update:
ago
1. Which of the following factors are used in calculating a company’s inventory turnover? 
o Net sales and average inventory 
o Cost of goods sold and average working capital 
o Average inventory and cost of goods sold 
o Average accounts receivable and net sales 
FEEDBACK 
2 / 2 (100.0%) 
2. Which of the following factors are used in calculating a company’s number of days’ sales in
$8.49
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