The Corner Hardware Has Succeeded in Increasing the Amount of Goods

question 59

Multiple Choice

The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a constant level.Assume that both the cost per unit and the selling price per unit also remained constant.This accomplishment will be reflected in the firm's financial ratios in which one of the following ways?

• A)decrease in the inventory turnover rate
• B)decrease in the net working capital turnover rate
• C)no change in the fixed asset turnover rate
• D)decrease in the day's sales in inventory
• E)no change in the total asset turnover rate

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Definitions:

Interviewing Adolescent

The process of formally questioning teenagers, often to assess their development, thoughts, or feelings in a sensitive manner that respects their emerging autonomy.

Medical Terminology

The specialized language or system of terms used by health professionals to accurately describe the human body, its processes, illnesses, medical procedures, and pharmacology.

Communication Technique

Methods and strategies used to convey information or express thoughts and feelings effectively.

Using Clichés

The habit of regularly using phrases or expressions that are overused and lack originality in communication.