Solved

A Decrease in the Inventory Turnover Ratio for a Company

Question 26

Multiple Choice

A decrease in the inventory turnover ratio for a company from one year to the next could indicate all of the following except?


A) That inventory is obsolete.
B) That there is a falling demand for the inventory.
C) That the company has more money tied up in inventory.
D) That the company has been growing rapidly and expanding sales.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions