The cost of goods sold divided by the average inventory equals ...

[james]

The cost of goods sold divided by the average inventory equals the
 A) gross profit on operations.
  B) beginning inventory value.
  C) merchandise inventory.
  D) ending inventory value.
  E) inventory turnover.

Question 2

All of the following are accurate statements about the expectancy theory except that
 A) it is easy to apply.
  B) there are various reasons why employees work.
  C) the reasons people work may change.
  D) it is necessary to show employees how to attain the outcomes they desire.
  E) it is a very complex model of motivation.

[eliasc0401]

Answer to Question 1

E

Answer to Question 2

A