Question: A high inventory turnover ratio generally indicates that O consumers are exchanging a lot of merchandise. O there is less cash tied up in inventory


A high inventory turnover ratio generally indicates that O consumers are exchanging a lot of merchandise. O there is less cash tied up in inventory and less chance of inventory becoming obsolete. O a company is not charging current prices. O a company has a lot of old inventory. A corporation may make a strategic investment for the purpose of generating interest income. O o generating income through share price appreciation. o influencing the operations of another company's operations. generating dividend income
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