Which of the following businesses would be expected to have the fastest inventory turnover?
A) Clothing retailer
B) Luxury car showroom
C) Fruit and vegetable store
D) Jewellery store selling custom-made jewellery

Question

Quizplus · Accepted Answer

A fruit and vegetable store is expected to have the fastest inventory turnover because the products they sell have a shorter shelf life compared to clothing or jewellery. This means they need to replenish their inventory more frequently, leading to a higher turnover rate.

Which of the Following Businesses Would Be Expected to Have