Inventory turnover would most likely be highest for which of the following?
A)Home builder
B)Grocery store
C)Car dealership
D)Heavy equipment dealer

Question

Quizplus · Accepted Answer

Grocery stores typically have a high volume of sales and a high inventory turnover rate because their products have a short shelf life and need to be sold quickly. Home builders, car dealerships, and heavy equipment dealers tend to have lower inventory turnover rates as their products are typically more expensive and sell at a slower rate.

Inventory Turnover Would Most Likely Be Highest for Which of the Following