A common performance ratio used by many firms is ________.
A) breakeven point
B) inventory turnover
C) cost of goods sold
D) earnings per share

Name: A common performance ratio used by many firms is ________. A) breakeven point B) inventory turnover C) cost of goods sold D) earnings per share
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Question

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Inventory turnover is a common performance ratio that measures how efficiently a company manages its inventory by calculating how many times inventory is sold and replaced over a period.

A Common Performance Ratio Used by Many Firms Is ________