Inventory Turnover Ratio Is an Example of Which Type of Ratio

question 39

Multiple Choice

Inventory turnover ratio is an example of which type of ratio?

• A) solvency ratio
• B) profitability ratio
• C) liquidity ratio
• D) activity ratio

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Definitions:

Tragedy

A lamentable, dreadful, or fatal event or affair; often a situation involving great loss and misfortune.

Global Basis

A term that relates to or includes the entire world, implying a scope or activity operating on an international level.

Water

A clear, flavorless, scentless, and almost colorless liquid that primarily makes up the waters of Earth's rivers, lakes, and seas, as well as being a major component of the fluids within most living beings.

Irrigation

The man-made process of providing water to soil to help cultivate plants and crops.