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A company with a liquid inventory will have: Select one: a. A high inventory tunover and a low average number of days to sell inventory. b. A low inventory turnover and a low average number of days to sell inventory. O c. A high inventory turnover and a high average number of days to sell inventory. d. A low inventory turnover and a high average number of days to sell inventory. 6
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Answer #1

Answer is option 1

A high inventory turnover ratio and Low average number of days to sell inventory

A high inventory turnover ratio indicate a company is has strong sales which means company can quickly convert its stock in to cash

Because of high inventory turnover ratio company average number of days to sell inventory will be low

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