Which of the following industries would you expect to have the highest inventory turnover?
A)Restaurant
B)Car dealer
C)Jewelry store
D)Department store

Question

Quizplus · Accepted Answer

Restaurants typically have a high inventory turnover due to the perishable nature of their products and the need to constantly have fresh ingredients on hand. This means they sell through their inventory quickly, resulting in a high turnover rate. Car dealers, jewelry stores, and department stores typically have lower inventory turnover rates.

Which of the Following Industries Would You Expect to Have