Kizspy | Question: 44
(Choose 1 answer)
Which statement is true?
A. Inventory turnover ratio is used to measure the inventory management profitability of a business.
B. Inventory turnover ratio is used to measure the inventory management solvency of a business.
C. Inventory turnover ratio is used to measure the inventory management efficiency of a business.
D. Inventory turnover ratio is used to measure the inventory management liquidity of a business.