Examlex
Which of the following is an essential characteristic of an index fossil?
Inventory Turnover
A ratio that shows how many times a company has sold and replaced its inventory over a certain period, indicating efficiency in managing stock.
Year 2
Year 2 commonly refers to the second year of a particular context, such as a company's operations, a multi-year study, or an educational program.
Inventory Turnover Ratio
A financial efficiency ratio that shows how many times a company has sold and replaced inventory over a period.
Days' Sales
A measure of how quickly a company can convert its inventory into sales, often used to assess liquidity and operational efficiency.
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