English

The ______ measures the activity of a firm's inventory.

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Question

The ______ measures the activity of a firm's inventory.

Options

  • average collection period 

  • inventory turnover

  • liquid ratio

  • current ratio

MCQ
Fill in the Blanks
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Solution

The inventory turnover measures the activity of a firm's inventory.

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Chapter 5: Accounting Ratios - Intext Questions [Page 222]

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NCERT Accountancy Company Accounts and Analysis of Financial Statements [English] Class 12
Chapter 5 Accounting Ratios
Intext Questions | Q (ii) | Page 222
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