menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 8: Accounting Records and Financial Statements
  5. Question
    The Ratio That Measures How Quickly Goods Are Sold and Replenished
Solved

The Ratio That Measures How Quickly Goods Are Sold and Replenished

Question 29

Question 29

Multiple Choice

The ratio that measures how quickly goods are sold and replenished is called ______.


A) average collection period
B) inventory turnover
C) quick ratio
D) current ratio

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q24: Scenario 8-2. Denny's Diner is undergoing

Q25: The accounting standards that have been established

Q26: The ratios that measure the speed with

Q27: Which of the following is not a

Q28: A low net profit margin ratio indicates

Q30: The primary reason a small business needs

Q31: Explain the importance of cash flow for

Q32: A summary book for recording all transactions

Q33: The cash-to-cash cycle begins with _.<br>A) manufacturing<br>B)

Q34: Which of the following ratios measures how

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines