What does the statement "Inventory turns of a store is high." mean?
A) Merchandise in the store sell quickly
B) Consumer complaints about the merchandise are handled efficiently
C) Damaged merchandise is returned to the manufacturers
D) Most of the merchandise items in the store remain unsold
E) Number of markdowns offered by the store is really high

Question

Quizplus · Accepted Answer

"Inventory turns" refer to how quickly merchandise is sold and replaced with new inventory. Therefore, if the inventory turns of a store are high, it means that merchandise is selling quickly.

What Does the Statement "Inventory Turns of a Store Is