The Higher the Inventory Turnover Measure,the

question 58

Multiple Choice

The higher the inventory turnover measure,the:

• A)longer it takes a firm to sell its inventory.
• B)faster a firm collects payment on its sales.
• C)faster a firm sells its inventory.
• D)lesser the amount of inventory held by a firm.
• E)greater the amount of inventory held by a firm.

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