A bank that is examining the ratio of annual costs of goods sold to average inventory,is examining which category of ratios?

Name: A bank that is examining the ratio of annual costs of goods sold to average inventory,is examining which category of ratios?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ratios that examine the relationship between the cost of goods sold and inventory are operating efficiency measures. These ratios help to evaluate how efficiently a company is using its resources to generate sales.

A Bank That Is Examining the Ratio of Annual Costs