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Part $1$

When comparing inventory turnover$$ ratios, other things being$$ equal,

Question content area bottom

Part $1$

A$.$

higher inventory turnover results from old or obsolete inventory increasing the inventory balance on the balance sheet.

B$.$

a higher inventory turnover is preferred to improve liquidity.

C$.$

a lower inventory turnover is preferred in order to keep inventory costs low.

D$.$

higher inventory turnover results from an increase in the selling price of the product.