If the inventory turnover ratio increases,the days to sell measure decreases.

Name: If the inventory turnover ratio increases,the days to sell measure decreases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because the inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory. A higher ratio indicates that a company is selling its inventory more quickly, which means it will take fewer days to sell the inventory.

If the Inventory Turnover Ratio Increases,the Days to Sell Measure