Company A and B produce similar products, Inventory Turn for company A is 3 times per...
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Company A and B produce similar products, Inventory Turn for company A is 3 times per year, Inventory Turn for Company B is 7 times per year Which of the following is correct: O In general, 3 times per year is better than 7 times per year The inventory turnover ratio doesn't matter In general, 7 times per year is better than 3 times per year Company A and B produce similar products, Inventory Turn for company A is 3 times per year, Inventory Turn for Company B is 7 times per year Which of the following is correct: O In general, 3 times per year is better than 7 times per year The inventory turnover ratio doesn't matter In general, 7 times per year is better than 3 times per year
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Answer rating: 100% (QA)
Inventory turnover ratio is a rate at which a company replaces inventory in a given period due to sa... View the full answer
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
Posted Date:
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