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?
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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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