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    Accounting for Non Specialists
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    Exam 8: Analysis and Interpretation of Financial Statements
  5. Question
    What Does the Inventory Turnover Period Ratio Measure
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What Does the Inventory Turnover Period Ratio Measure

Question 1

Question 1

Multiple Choice

What does the inventory turnover period ratio measure?


A) the liquidity of the firm.
B) how much the firm's current assets could decrease and still leave it able to pay its current liabilities.
C) profitability.
D) the average time an organisation holds inventory.

Correct Answer:

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