We would expect the inventory turnover ratio for a ski shop to be ________ than the turnover for a convenience store.
A) higher
B) more meaningful
C) lower
D) less helpful

Question

Quizplus · Accepted Answer

The inventory turnover ratio measures the speed of inventory moving through a firm and into sales. Due to the nature of the products involved, a ski shop would more than likely have a lower turnover.

We Would Expect the Inventory Turnover Ratio for a Ski