Multiple Choice
Tellus and Rojers Corp. are close competitors. Last year, both had the same level of cost of goods sold, but Tellus turned its inventory over five times during the year while Rojers Corp. turned its
Inventory over every 65 days. If the objective is to keep inventory as low as possible (on average) ,
Which of the following is true?
A) Tellus did a better job since its inventory turnover was lower.
B) Rojers Corp, did a better job since its days' sales in inventory was lower.
C) Tellus a better job since its days' sales in inventory was lower.
D) Rojers Corp. did a better job since its inventory turnover was lower.
E) Tellus did a better job since its level of inventory was lower.
Correct Answer:

Verified
Correct Answer:
Verified
Q268: Dun & Bradstreet Canada publishes peer group
Q269: A Halifax firm has an interval measure
Q270: Which one of the following statements is
Q271: The financial ratio measured as EBIT plus
Q272: Su Lee's has sales of $54,600, total
Q274: A statement that expresses each account as
Q275: The financial ratio days' sales in inventory
Q276: Stephen's Auto Body Shop (Oshawa) has a
Q277: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2575/.jpg" alt=" What
Q278: The market-to-book ratio is measured as:<br>A) Total