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Which of the following ratios expressed that how many times the inventory is turning over towards the cost of goods sold?

(A) Net profit ratio
(B) Gross profit ratio
(C) Inventory turnover ratio
(D) Inventory holding period

►Correct Option

Correct Option is: C

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcqs

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