____________ is the number of times per year that a company sells or replaces its average inventory.
A) Stock rollover
B) Average aggregate inventory
C) The average inventory replacement cycle
D) Inventory turnover
E) The ratio of inputs to outputs

Question

Quizplus · Accepted Answer

Inventory turnover is the number of times per year a company sells or replaces its average inventory. It is calculated by dividing the cost of goods sold by the average inventory value. This ratio helps companies to assess their inventory management efficiency and effectiveness.

____________ Is the Number of Times Per Year That a Company