Multiple Choice
Which of the following is the most appropriate regarding Inventory turnover?
A. Inventory turnover increases as average inventory decreases, while other things remain the same.
B. Inventory turnover is an efficiency measure.
C. Inventory turnover is unaffected by changes in annual sales.
A) Choice A
B) Choice B
C) Choice C
D) Choice A and B only.
E) Choice A, B and C will hold.
Correct Answer:

Verified
Correct Answer:
Verified
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