If a Firm Has an Inventory Turnover of 15, the Firm

Multiple Choice

If a firm has an inventory turnover of 15, the firm:

A) sells its entire inventory every 15 days.
B) stocks its inventory only once every 15 days.
C) delivers inventory to its customers every 15 days.
D) sells its inventory by granting customers 15 days' of free credit.
E) sells its entire inventory an average of 15 times each year.