The inventory turnover measures how efficiently a company is generating sales from its property,plant,and equipment.

Name: The inventory turnover measures how efficiently a company is generating sales from its property,plant,and equipment.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

The inventory turnover measures how efficiently a company is managing its inventory by calculating how many times inventory is sold and replaced over a period, not its property, plant, and equipment.

The Inventory Turnover Measures How Efficiently a Company Is Generating