Multiple Choice
If the inventory turnover is divided into 365, it becomes a measure of
A) sales efficiency.
B) the average age of the inventory.
C) sales turnover.
D) the average collection period.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: Total asset turnover commonly measures the liquidity
Q144: On the balance sheet, net fixed assets
Q189: Table 3.2<br>Dana Dairy Products Key Ratios <img
Q190: A firm has a current ratio of
Q191: The president's letter, as the first component
Q192: Typically, higher coverage ratios are preferred, but
Q194: As a firm's cash flows become more
Q195: Retained earnings represent the cumulative total of
Q197: The price/earnings (P/E) ratio represents the degree
Q198: The statement of retained earnings reports all