Which of the following metrics does a company apply during an operating period rather than at the end of the operating period?
A)sales revenues
B)market share
C)inventory turnover
D)customer retention
E)return on assets

Question

Quizplus · Accepted Answer

Inventory turnover is a metric that measures how quickly a company is selling its inventory. It is calculated by dividing the cost of goods sold by the average inventory. Inventory turnover is a measure of efficiency, as it shows how well a company is managing its inventory. A high inventory turnover rate means that the company is selling its inventory quickly and not holding onto it for too long. A low inventory turnover rate means that the company is not selling its inventory quickly enough and may be holding onto it for too long. Inventory turnover is a metric that is applied during an operating period, as it measures how quickly a company is selling its inventory over a period of time.

Which of the Following Metrics Does a Company Apply During