An Inventory Turnover Ratio of 8

question 57

Multiple Choice

An inventory turnover ratio of 8.5 times indicates that:

• A) the inventory of the firm turns over after 8.5 days.
• B) the value of the inventory of the firm is 8.5 percent of the total assets of the firm.
• C) the value of sales of the firm is 8.5 times the value of its sales.
• D) the firm will restock its inventory every 43 days.
• E) the firm will sell its inventory once in 43 days.

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Definitions:

Lung Capacity

The total volume of air that the lungs can hold, varying with health, age, and physical fitness.

Lose Elasticity

The process by which tissues become less flexible and stretchable over time, often due to aging or damage.

Lung Volume

The total amount of air that the lungs can hold, varying according to age, fitness level, and respiratory health.

Inspiratory Lung Capacity

The maximum volume of air an individual can inhale after a normal exhalation.