At Chips and Dips, a Local Convenience Market, What Would

question 92

Multiple Choice

At Chips and Dips, a local convenience market, what would an increase in the inventory turnover ratio indicate?

• A) It is at risk of holding too much inventory.
• B) It is more likely to face a cash flow problem.
• C) It is selling its stock of merchandise more quickly.
• D) It is relying heavily on credit sales.

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