It can be expected that companies selling perishable goods have a higher inventory turnover than companies selling nonperishable goods.

Question

Robert Cooper · Accepted Answer

Final Answer : True, Explanation :  Perishable goods have a shorter lifespan and must be sold quickly before they spoil or expire, resulting in a higher inventory turnover for companies selling these goods. Nonperishable goods, on the other hand, have a longer shelf life and can be stored for longer periods, resulting in a lower inventory turnover for companies selling these goods.

It can be expected that companies selling perishable goods have a higher inventory turnover than companies selling nonperishable goods.

Definitions

Learning Objectives

Learning Objectives

Related questions