The higher the inventory turnover measure,the:
A) faster a firm sells its inventory.
B) faster a firm collects payment on its sales.
C) longer it takes a firm to sell its inventory.
D) greater the amount of inventory held by a firm.
E) lesser the amount of inventory held by a firm.

Question

Quizplus · Accepted Answer

Inventory turnover measures how fast a firm sells its inventory, so the higher the measure, the faster the firm is selling its inventory.

The Higher the Inventory Turnover Measure,the