inventory turnover ratios as follows: 2014- 1.96 times 2015- 1.74 times 2016- 1.65 times 2017 - 2.44

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inventory turnover ratios as follows:

2014- 1.96 times
2015- 1.74 times
2016- 1.65 times
2017 - 2.44 times
2018- 2.96 times

what is this saying about the company?

Related Book For answer-question

Introductory Financial Accounting for Business

ISBN: 978-1260299441

1st edition

Authors: Thomas Edmonds, Christopher Edmonds

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Posted Date: Feb 02, 2024 11:22 PM

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inventory turnover ratios as follows: 2014- 1.96 times 2015- 1.74 times 2016- 1.65 times 2017 - 2.44

Question:

Expert Answer:

Answer The inventory turnover ratio indicates how many times a companys inventory is sold and rep... View the full answer

Introductory Financial Accounting for Business

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