In Scenario 8-2 Above,after Analyzing the Inventory Turnover Ratio,you Determined

question 46

Multiple Choice

In Scenario 8-2 above,after analyzing the inventory turnover ratio,you determined that

• A) Denny has a problem because this number is so high.
• B) Denny is turning his inventory over too much.
• C) Denny is not turning his inventory over enough to be profitable.
• D) Denny is keeping his inventory current,which is positive due to the nature of his business.

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Definitions:

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Greed

An intense and selfish desire for something, especially wealth, power, or food.

Fear

An unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat.

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