The higher the better for this ratio:
A) debt ratio.
B) inventory run over ratio.
C) leverage ratio.
D) cost-benefit ratio.
E) inventory turnover.

Name: The higher the better for this ratio: A) debt ratio. B) inventory run over ratio. C) leverage ratio. D) cost-benefit ratio. E) inventory turnover.
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Question

Quizplus · Accepted Answer

A higher inventory turnover ratio indicates efficient management of inventory, meaning the company is selling and replacing its stock quickly.

The Higher the Better for This Ratio