Multiple Choice
Which of the following actions would most likely cause the inventory turnover ratio to increase?
A) Increasing the average inventory kept on hand.
B) Maintaining the same average inventory kept on hand and increasing the volume of sales.
C) Increasing the average inventory kept on hand and increasing the volume of sales.
D) Maintaining the same average inventory kept on hand and decreasing the volume of sales.
Correct Answer:
Verified
Correct Answer:
Verified
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