Multiple Choice
An increasing balance in the inventory account and a declining inventory turnover ratio implies that the inventory build up is occurring because:
A) goods are not selling as fast as they were in the past.
B) the company is expecting to sell more in the future.
C) goods are selling,but it is taking longer to collect payment.
D) goods cannot be shipped fast enough.
Correct Answer:

Verified
Correct Answer:
Verified
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