Inventory turnover does not affect profitability but does affect the amount of inventory on the shelf.

Name: Inventory turnover does not affect profitability but does affect the amount of inventory on the shelf.
Brand: Quizplus
Rating: 5.0 (41 reviews)

Question

Quizplus · Accepted Answer

Inventory turnover affects both profitability and the amount of inventory on the shelf. High turnover can indicate good sales and may lead to higher profitability, while low turnover might suggest overstocking or inefficiencies, potentially reducing profitability.

Inventory Turnover Does Not Affect Profitability but Does Affect the Amount