Which of the following is an example of a productivity measure?
A) Cost of merchandise
B) Inventory turnover
C) Gross margin
D) Net sales
E) Advertising expenses

Question

Quizplus · Accepted Answer

A productivity measure determines how effectively retailers use their resources; it is the ratio of an output to an input. Since inventory turnover is cost of goods/average inventory, it is a productivity measure.

Which of the Following Is an Example of a Productivity