Which of the Following Correctly Describes the Rate of Inventory

question 147

Multiple Choice

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

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

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