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    Financial Management Theory and Practice Study Set 4
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    Exam 3: Analysis of Financial Statements
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    A Decline in a Firm's Inventory Turnover Ratio Suggests That
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A Decline in a Firm's Inventory Turnover Ratio Suggests That

Question 1

Question 1

True/False

A decline in a firm's inventory turnover ratio suggests that it is managing its inventory more efficiently and also that its liquidity position is improving, i.e., it is becoming more liquid.

Correct Answer:

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