Question: Rays Robots Company has seen its inventory turnover ratio increase from 2 x to 4 x ( from last year to this year ) .
Rays Robots Company has seen its inventory turnover ratio increase from to from last year to this year What does this mean?
The company sells all of its inventory half as often vs as it did last year.
The company carries twice as much inventory as it used to
The company sells all of its inventory twice as often in a year compared to last year.
The company will be out of inventory in months.
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