The Inventory Turnover Ratio Times the Average Days in Inventory

question 56

True/False

The inventory turnover ratio times the average days in inventory equals 365.

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Definitions:

Biologically Magnified

Refers to the process by which the concentration of toxic substances increases in each successive link in the food chain.

Trophic Level

The position an organism occupies in a food chain, determined by its feeding relationships.

Bacteria

Single-celled organisms that can exist either as independent (free-living) entities or as parasites (dependent upon another organism for life).

Vectors

Organisms, such as mosquitoes or ticks, that transmit pathogens between humans or from animals to humans.