Which of the following types of business usually has the fastest inventory turnover?

A. Furniture store
B. Hardware store
C. Store that sells consumer electronics
D. Grocery store



Answer :

Final answer:

Grocery stores usually have the fastest inventory turnover compared to other types of businesses.


Explanation:

Inventory turnover is a measure of how quickly a company sells its entire inventory in a certain period. A grocery store typically has the fastest inventory turnover compared to a furniture store, hardware store, or store selling consumer electronics. This is because grocery items have a shorter shelf life and higher demand, leading to quicker inventory turnover.


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