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A higher inventory ratio indicates

This question belongs to Commerce Accounting
Accounting
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A higher inventory ratio indicates

Answer & Solution
Correct Answer: Option C
A higher inventory ratio indicates Better inventory management and Quicker turnover.
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1 Comment
Ramneek Sharma
Ramneek Sharma 4 years ago
A high ratio implies strong sales or insufficient inventory to support sales at that rate.
It means we can't certainly say that it means better inventory management.
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