Of the following firms, would be expected to have the fastest inventory turnover?
A) Sports car showroom
B) Jewellery store
C) Fruit and veg. shop
D) Clothing store

Question

Quizplus · Accepted Answer

A fruit and vegetable shop sells perishable goods and has a high demand for fresh produce, so it is expected to have a high inventory turnover. Sports car showrooms and jewellery stores sell expensive goods that are not frequently purchased, leading to low inventory turnover. Clothing stores may have a moderate inventory turnover rate, depending on the frequency of new clothing releases and trends.

Of the Following Firms, Would Be Expected to Have the Fastest