Both inventory turnover and GMROI are stated as an annual turnover, but due to ________ items they may be measured for a period of few months.
A)Defense
B)Electronic
C)Seasonal
D)Fragile

Question

Quizplus · Accepted Answer

Both inventory turnover and GMROI are stated as an annual turnover. However, the period being measured does not necessarily have to be a twelve-month period. In some situations, particularly for seasonal items, inventory turnover and GMROI can be measured for a period of a few months, with the result being "annualized" for comparison purposes.

Both Inventory Turnover and GMROI Are Stated as an Annual