In General,it's Better to Have a Low Inventory Turnover Ratio

question 91

True/False

In general,it's better to have a low inventory turnover ratio than a high one,as a low ratio indicates that the firm has an adequate stock of inventory relative to sales and thus will not lose sales as a result of running out of stock.

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Definitions:

Informal Writing Style

A relaxed, conversational approach to writing that does not adhere strictly to formal grammar, punctuation, and structure rules.

Contractions

Shortened forms of words or phrases created by omitting certain letters and sounds, typically in informal language.

Second-person Pronouns

Second-person pronouns are pronouns used to address the audience directly, typically "you" in English, involving the listener or reader in the communication.

Informational Report

A document that presents data and information without analysis or recommendations, primarily for informing the reader.