12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    If the inventory turnover ratio is divided into 365, it becomes a measure of:

    A) sales efficiency    

    B) average age of inventory

    C) sales turnover     

    D) average collection period

    Correct Answer: B

    Solution :

    [b] average age of inventory


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