A lower days sales in inventory for Company X when compared to other companies,indicates that Company X;
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Question:
A lower days sales in inventory for Company X when compared to other companies,indicates that Company X;
a)is able to sell its inventory quickly.
b)is spending more on inventory storage.
c)is holding excess obsolete inventory.
d)is incurring higher insurance costs.
Expert Answer:
The correct answer is option a ie is able to sell its inventory quickly A lower days sal... View the full answer
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