ACCTG 321
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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%
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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
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