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.

---

Definitions:

Dividing Property

The process of allocating and distributing physical or intangible assets among parties, often occurring in contexts like divorce, estate planning, or dissolution of partnerships.

Divorcing Spouses

Individuals who are in the process of legally ending their marriage.

Petition for Divorce

A legal document formally requesting the termination of a marriage by one or both of the spouses involved.

Generally Included

Refers to items or conditions that are typically part of a specific agreement, package, or situation.