Inventory turnover is calculated by dividingInventory turnover is calculated by

Inventory turnover is
calculated by dividingInventory turnover is calculated by dividing (Points: 4)Cost of goods sold by the ending inventory.Cost of goods sold by the beginning inventory.Cost of goods sold by the average inventory.Average inventory by cost of goods sold.2. The order of presentation of nontypical items that may
appear on the income statement is (Points: 4)Extraordinary items Discontinued operations Other revenues
and expenses.Discontinued operations Extraordinary items Other revenues
and expenses.Other revenues and expenses Discontinued operations
Extraordinary items.Other revenues and expenses Extraordinary items
Discontinued operations.