APICS Exam CLTD Topic 6 Question 87 Discussion

Actual exam question for APICS's CLTD exam

Question #: 87
Topic #: 6

[All CLTD Questions]

A corporation is projecting annual sales at S35 million, cost of goods sold (COGS) at S25 million, and administrative expenses at $3 million. In order to meet its corporate inventory turns goal of 5.0, their inventory level must average:

A$4.4 million.

B$5 million.

C$7 million.

D$7.6 million.

Show Suggested Answer

Suggested Answer: D

by Catarina at Sep 17, 2024, 04:00 AM

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Marilynn

6 hours ago

I think the answer is A) $4.4 million.

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