The Average Inventory Turnover Ratio ________

question 76

Multiple Choice

The average inventory turnover ratio ________.

• A) measures the number of times a company's inventory is sold out during the accounting period
• B) tells a business owner whether she/he is managing the company's inventory properly
• C) tells a business owner how fast the merchandise is moving through the business
• D) All of the above

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Definitions:

Viability

A measure of whether a project, business, or concept can sustain itself and succeed in the long-term.

Skilled Workforce

A labor pool consisting of workers who have specialized training, knowledge, and abilities in their respective fields.

HR Managers

Professionals responsible for overseeing employee-related functions such as hiring, training, and benefits in an organization.

Line Managers

Non-HR managers who are responsible for overseeing the work of other employees.