In Inventory Turnover calculation, what is taken in the numerator? | Faculties

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Praveen Singh

🎓 Tutor III ⭐ 36.81K Points

📊 Financial Management

Q. In Inventory Turnover calculation, what is taken in the numerator?

(A) Sales
(B) Cost of Goods Sold,
(C) Opening Stock
(D) Closing Stock.

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✅ Correct Answer: (B) Cost of Goods Sold,

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