The ability of a company to sell inventory is measured by which of the following ratios?
A. Inventory turnover ratio
B. Current ratio
C. Day's sales in receivables
D. Acid-test ratio
Ans is A
The inventory turnover ratio
Reason:-
It tells how effectively a company is able to sell its inventory.
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The ability of a company to sell inventory is measured by which of the following ratios?...
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