Multiple Choice
HD Motorcycles has an inventory turnover ratio of 10.1 in 2012 compared to their competitor TT Motorcycle with a 2.6 ratio in 2012.Which of the following is the most likely cause of TT Co's lower ratio?
A) Lower levels of inventory compared to HD.
B) It takes TT Co.fewer days to sell their inventory.
C) TT Co's smaller size makes it difficult for them to achieve the economies of scale in comparison to HD's scale of operations.
D) Higher inventory levels compared to HD.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: The lower of cost and net realizable
Q10: When a perpetual inventory system is used,
Q10: In periods of falling prices, FIFO will
Q54: A company reports its 20B cost of
Q57: Supply the missing dollar amounts for the
Q60: Which of the following types of inventory
Q61: Wilburn Company reported the following data at
Q61: Retail Company reported the following amounts on
Q62: Libby Company uses the periodic inventory system
Q64: In a period of falling prices,FIFO normally