What Is Inventory Turnover Used For

question 16

Multiple Choice

What is inventory turnover used for?

• A) It is used to see how effectively managers utilize their investment in inventory.
• B) It is used to measure average inventory.
• C) It is to see how effectively buyers purchase the right assortments.
• D) It is used to calculate net sales.
• E) None of these

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Definitions:

Stress

A physical or psychological response to internal or external pressures, which can affect an individual’s health and well-being.

Sadness

A feeling characterized by sorrow, disappointment, or unhappiness.

Pride

A feeling of deep satisfaction derived from one's own achievements, qualities, or possessions.

Social Readjustment

The process of adjusting to significant changes in one's social environment or status.