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Our cooperation with ROI was very successful: not only will we recoup the project expenses in less than a year; I am also convinced that everyone involved has learnt a lot.
Stefan Schmidt, Head of Strategic Portfolio Management, KARL MAYER Textilmaschinenfabrik GmbH

Survey 5 - Formula 2

 

Which formula is used for Inventory turnover calculation?
Cost of goods sold * Average inventory
Cost of goods sold / Average inventory
Average inventory / Cost of goods sold
(Cost of goods sold + Average inventory) / 2
What am I