Multiple Choice
Other things remaining the same, if the cost of goods sold decreases, then
A) Inventory turnover ratio and weeks of supply will both go up.
B) Inventory turnover ratio will go down, but the weeks of supply will go up.
C) Inventory turnover ratio and weeks of supply will both go down.
D) Inventory turnover ratio will go up, but weeks of supply will go down.
E) Inventory turnover ratio will stay the same, but weeks of supply will go down.
Correct Answer:

Verified
Correct Answer:
Verified
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