Question

    What does a decreasing inventory turnover ratio usually indicate about a firm

    A The firm is selling more inventory. Correct Answer Incorrect Answer
    B The firm is managing its inventory well. Correct Answer Incorrect Answer
    C The firm is inefficient in the management of inventory. Correct Answer Incorrect Answer
    D Both (A) and (B) Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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