O-LevelCommerceFinance7100/12 · May/June 2020 · Q371 Mark
Which description of the rate of inventory turnover is correct?
Aaverage delivery time for all products ordered during a trading period
Bnumber of times the average stock is sold during a year
Ctotal number of employees leaving during a year
Dtotal sales during a trading period
✓ Correct answer
B: number of times the average stock is sold during a year
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