Its _____ ratio shows how efficiently a company sells its average stock of goods on hand in one year.
A)financial condition
B)inventory turnover
C)materials-to-goods
D)profit margin

Question

Quizplus · Accepted Answer

The inventory turnover ratio measures how efficiently a company sells its average stock of goods within a year, indicating the number of times inventory is sold or used over a period.

Its _____ Ratio Shows How Efficiently a Company Sells Its