The inventory turnover ratio a. measures management’s ability to productively employ all of its resources. b. measures the efficient use of assets held for resale. c. is a stringent measure of liquidity. d. provides a measure of the strength of the sales mix the company currently employs.   is d the correct answer?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The inventory turnover ratio

a.

measures management’s ability to productively employ all of its resources.

b.

measures the efficient use of assets held for resale.

c.

is a stringent measure of liquidity.

d.

provides a measure of the strength of the sales mix the company currently employs.

 

is d the correct answer?

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