Multiple Choice
Which of the following statements regarding days inventory is incorrect?
A) Days inventory is much higher for a supermarket than a clothing retailer.
B) Days inventory is a measure of the average length of time it takes to sell inventory.
C) Days inventory is a measure of the efficiency of an entity at selling inventory.
D) All of the above options are incorrect.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Liquidity ratios measure the ability of an
Q12: An entity's profit margin is affected by
Q13: In a vertical analysis of a statement
Q14: It is argued that the cash flow
Q15: With ratio analysis,when an item on the
Q17: Using the data below to perform
Q18: Using financial analysis to assist users in
Q19: Financial analysis can be categorised as:<br>A) vertical
Q20: In a vertical analysis,the anchor point for
Q21: The _ turnover ratio measures the effectiveness