The faster a company can sell it, the faster they have cash. This statement is true with:
a. the shorter Inventory Turnover
b. the shorter total asset Turnover
c. the shorter account receivable Turnover
d. the shorter fixed asset Turnover
Answer: A
The faster a company can sell it, the faster they have cash. This statement is true with:
a. the shorter Inventory Turnover
b. the shorter total asset Turnover
c. the shorter account receivable Turnover
d. the shorter fixed asset Turnover
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.