Skip to main content

My Courses

Calculators AI Tools Study Prep Blog Study Prep Home

Introduction to Ratios

14. Financial Statement Analysis / Introduction to Ratios / Problem 8

Problem 8

A company has sales of \$500,000 and average inventory of \$100,000. What is its inventory turnover ratio?

A

2.0

B

5.0

C

0.2

D

10.0