Which of the following industries has the highest average inventory turnover ratio?
A)Retail clothing stores
B)Jewellery stores
C)Automobile dealerships
D)Supermarkets

Name: Which of the following industries has the highest average inventory turnover ratio? A)Retail clothing stores B)Jewellery stores C)Automobile dealerships D)Supermarkets
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Question

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Supermarkets typically have a high volume of sales and a fast turnover of goods, resulting in a high inventory turnover ratio compared to other industries.

Which of the Following Industries Has the Highest Average Inventory