The financial ratio that is used to monitor the sales rate of a business would be which of the following?
A) debt/equity ratio
B) working capital ratio
C) wages to sales ratio
D) inventory to sales ratio
E) gross profit margin

Question

Quizplus · Accepted Answer

The inventory to sales ratio is used to monitor how quickly inventory is being sold, which directly relates to the sales rate of a business.

The Financial Ratio That Is Used to Monitor the Sales