What is inventory turnover used to evaluate?
A) It is used to see the speed of the inventory sold.
B) It is used to calculate net sales.
C) It is used to measure average inventory.
D) It is used to see how effectively buyers purchase the right assortments.
E) It is used to calculate gross margin.

Question

Quizplus · Accepted Answer

Inventory turnover shows how many times, on average, inventory cycles through the store during a specific period of time (usually a year).

What Is Inventory Turnover Used to Evaluate