Question: Identify the incorrect statement. The cash flow required to support inventory ( stock ) increases on a relative basis if inventory ( stock ) turnover
Identify the incorrect statement.
The cash flow required to support inventory stock increases on a relative basis if inventory stock turnover slows.
The cash flow required to support inventory stock decreases on a relative basis if inventory stock turnover accelerates.
The less quickly inventory stock is sold, the more cash flow is needed to support inventory stock
The cash flow required to support inventory stock decreases on a relative basis if inventory stock turnover slows.
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