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

---

Definitions:

Delicatessen

A retail establishment that sells a selection of fine, unusual, or foreign prepared foods, including meats, cheeses, and specialty dishes.

Miles

A unit of distance measuring 5,280 feet, or approximately 1.609 kilometers.

Gallon

A unit of volume for liquid measure equal to four quarts, used in both the US customary system and the British imperial system, but with different values.

Gasoline

A volatile, flammable liquid derived from petroleum, primarily used as fuel in internal combustion engines.