Question: Last year, ABC and XYZ both had the same level of cost of goods sold, but ABC tumed its inventory over 3 times during the
Last year, ABC and XYZ both had the same level of cost of goods sold, but ABC tumed its inventory over 3 times during the year while XYZ turned its inventory on every 55 days. If the objective is to keep inventory as low as possible on average, which of the following is true? O XYZ did a better job since its days salos in inventory was lower. O ABC did a better job since its days sales in inventory was higher O ABC did a better job since its inventory turnover was higher. O XYZ did a better job since its inventory turnover was lower. O ABC did a better job since its level of inventory was higher
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