A stock/sales ratio of 2.5:1 suggests that a retailer should have $2.50 in inventory (at retail price)for every $1 of forecasted sales.

Name: A stock/sales ratio of 2.5:1 suggests that a retailer should have $2.50 in inventory (at retail price)for every $1 of forecasted sales.
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Question

Quizplus · Accepted Answer

The stock/sales ratio of 2.5:1 means that for every $1 of sales forecasted, the retailer should ideally have $2.50 worth of inventory at retail price. Therefore, the statement is true.

A Stock/sales Ratio of 2