multiple choice: Which of the following statements is TRUE? A. The inventory turnover ratio shows how quickly the inventory is being used. B. The profit margin ratio measures the amount of money an...

multiple choice:

Which of the following statements is TRUE?

A. The inventory turnover ratio shows how quickly the inventory is being used.

B. The profit margin ratio measures the amount of money an operation makes in a given time period.

C. The current ratio compares the value of inventory to total current liabilities.

D. The beverage cost percentage results from dividing beverage revenue by the cost of beverages sold.

Jun 09, 2022

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