6. 6. Which of the following is a negative sign that a company is not selling...
6.
6. Which of the following is a negative sign that a company is
not
selling its inventory quickly?
A) A low inventory turnover ratio.
B) A high inventory turnover ratio.
C) A low average days in inventory.
D) Both a high inventory turnover ratio and a low average days in inventory.
Homework Answers
| Option A is the answer | |||
|
Inventory Turnover = Cost of Goods Sold/Average inventory Inventory Turnover measures how quick the company is selling its inventory. A low ratio implies that the company is not selling inventory as expected |
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