Inventory turnover is a(n)______ratio.
A)activity
B)liquidity
C)liability
D)leverage

Name: Inventory turnover is a(n)______ratio. A)activity B)liquidity C)liability D)leverage
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Question

Quizplus · Accepted Answer

Inventory turnover is a ratio that measures the activity or efficiency of a company's inventory management. It indicates how many times a company's inventory has been sold and replaced in a given period. Therefore, it falls under the activity ratio category.

Inventory Turnover Is A(n)______ratio