Related to the Economics in Practice on p. 153: During normal economic conditions, a software company like Oracle is likely to have an inventory turnover ratio that is ________ an appliance manufacturer like Whirlpool.
A) smaller than
B) equal to
C) larger than
D) close to zero compared to

Question

Quizplus · Accepted Answer

A software company like Oracle typically has a larger inventory turnover ratio compared to an appliance manufacturer like Whirlpool because software can be sold and distributed more quickly and with lower costs than physical appliances, leading to faster inventory cycles.

Related to the Economics in Practice on P