How can a company improve its merchandise inventory turnover ratio ?

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How can a company improve its merchandise inventory turnover ratio?

Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally.    Inventory Turnover Ratio FormulaWhere,...
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Integrated Accounting

ISBN: 978-1285462721

8th edition

Authors: Dale A. Klooster, Warren Allen, Glenn Owen

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