Because Blocks Are Heavy, Hollow, and Somewhat Awkward to Handle

question 2

Multiple Choice

Because blocks are heavy, hollow, and somewhat awkward to handle, care must be taken to prevent them from spalling, which is also known as ______ .

• A) sinking
• B) falling
• C) breaking
• D) chipping

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specified period, indicating the efficiency of inventory management.

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects on outstanding accounts receivable, calculated by dividing total net sales by the average accounts receivable during a period.

Cash Cycle

The amount of time it takes for a company to convert its investments in inventory back into cash through sales.

Inventory Turnover Rate

A metric that shows how many times a company's inventory is sold and replaced over a certain period of time.