Match the Terms with the Descriptions Provided

question 226

Multiple Choice

Match the terms with the descriptions provided.
-Measures how quickly merchandise is purchased and sold.

• A)Average days to sell inventory
• B)Gross margin
• C)Gross profit ratio
• D)Inventory turnover ratio
• E)Freight-in
• F)Freight-out

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Definitions:

Expected Rate

Expected rate often refers to the return anticipated on an investment or project in the future, taking into account the risk and uncertainties associated with it.

Standard Deviation

A measure of the dispersion or variability around the mean of a set of data values, often used in finance to gauge investment risk.

Correlation Coefficient

A numerical measure ranging from -1 to 1 that represents the degree to which two variables are linearly related.

Covariance

Covariance is a measure indicating the extent to which two random variables change in tandem from their expected values.