________ is the number of times the average inventory is sold per year.
A)Inventory storage
B)Inventory flipit
C)Inventory turnover
D)Inventory shortage

Question

Quizplus · Accepted Answer

Inventory turnover is the number of times the average inventory is sold per year. It is a measure of how efficiently a company is managing its inventory. A high inventory turnover indicates that a company is selling its products quickly and efficiently, while a low turnover may indicate excess inventory or poor sales.

________ Is the Number of Times the Average Inventory Is