Multiple Choice
If a company decreases their inventory turnover ratio from last year to the current year,which of the following could cause that change?
A) Reduction of inventory levels through implementation of Just-in-Time.
B) Speedier production processes.
C) Increase in inventory levels through change in product mix.
D) Increasing sales at a faster rate than the growth in inventory while maintaining a constant gross profit percentage.
Correct Answer:

Verified
Correct Answer:
Verified
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