Which of the Following Correctly Describes the Rate of Inventory

question 31

Multiple Choice

Which of the following correctly describes the rate of inventory turnover?

• A)It is how many days it takes the inventory to travel between the seller's warehouse and the buyer's warehouse.
• B)It is how many days it takes from the time an order is received to the day it is shipped.
• C)It is how quickly inventory is received from the supplier after the order is placed.
• D)It is how rapidly inventory is sold.

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