Indicate the type of each ratio listed below.
-Inventory turnover ratio
A)liquidity ratio
B)solvency ratio
C)profitability ratio

Name: Indicate the type of each ratio listed below. -Inventory turnover ratio A)liquidity ratio B)solvency ratio C)profitability ratio
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Question

Quizplus · Accepted Answer

The inventory turnover ratio is considered a liquidity ratio because it measures how quickly a company can convert its inventory into cash or sales.

Indicate the Type of Each Ratio Listed Below