Which of the following is true about the Inventory Turnover Ratio? Select ALL true...
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Which of the following is true about the Inventory Turnover Ratio? Select ALL true answersincorrect answers are penalized! It's computed by dividing the Cost of Goods Sold by the Ending Inventory. When the turnover ratio goes up liquidity is improving. It's computed by dividing the Ending Inventory by the Average Cost of Goods Sold. It's computed by dividing the Cost of Goods Sold by the Average of beginning ending Inventory. 
Which of the following is true about the Inventory
Turnover Ratio?
Select ALL true answersincorrect answers are
penalized!
It's computed by dividing the Cost of Goods Sold by the Ending Inventory.
When the turnover ratio goes up liquidity is improving.
It's computed by dividing the Ending Inventory by the Average Cost of Goods
Sold.
It's computed by dividing the Cost of Goods Sold by the Average of
beginning ending Inventory.
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