How long a company holds inventory before selling it can be measured by dividing cost of goods sold by the average inventory balance to determine the:a. Price earnings ratio. b. Accounts receivable turnover. c. Current ratio. d. Inventory turnover. e. Days' sales uncollected.
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Home » Business » How long a company holds inventory before selling it can be measured by dividing cost of goods sold by the average inventory balance to determine the:a. Price earnings ratio. b. Accounts receivable turnover. c. Current ratio. d. Inventory turnover.