A Lower Than Average Inventory Turnover Ratio Indicates Excellent Inventory

question 45

True/False

A lower than average inventory turnover ratio indicates excellent inventory management practices.

---

Definitions:

Carbon

A chemical element with symbol C and atomic number 6, known as the basic building block of life, present in all known life forms and the basis of organic chemistry.

PGAL

Phosphoglyceraldehyde, a three-carbon molecule that is an important intermediate in the photosynthetic conversion of carbon dioxide into glucose as well as in glycolysis.

Phosphoglyceraldehyde

An intermediary compound in glycolysis and photosynthesis, playing a critical role in the metabolic pathways that generate energy and organic molecules.