Other Things Remaining the Same, If the Cost of Goods

question 40

Multiple Choice

Other things remaining the same, if the cost of goods sold decreases, then

• A) inventory turnover ratio and weeks of supply will both go up.
• B) inventory turnover ratio will go down, but the weeks of supply will go up.
• C) inventory turnover ratio and weeks of supply will both go down.
• D) inventory turnover ratio will go up, but weeks of supply will go down.
• E) inventory turnover ratio will stay the same, but weeks of supply will go down.

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Definitions:

Political Considerations

Political considerations involve the influence of government policy, political climate, or legislative actions on decision-making processes.

Unconditional Cash Transfers

Direct payments given to individuals or households without any requirements for the receipt of the money, used to reduce poverty or inequality.

Cultural Obstacles

Barriers that stem from cultural differences and prevent or hinder progress in understanding, social integration, and economic development.

Long-Term Earnings

The accrued amount of income that an entity is expected to generate over an extended period, often considered in terms of years or over the entity's lifespan.