Other Things Remaining the Same, If the Average Aggregate Inventory

question 3

Multiple Choice

Other things remaining the same, if the average aggregate inventory value goes down, then

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

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Definitions:

Add Job

The process of creating or setting up a new job or project within a software application or system.

Cash Sale

A transaction in which goods or services are paid for in full using cash at the time of the sale.

Customer Payment

A transaction where a customer completes payment for goods or services received from a business.

Create Invoice

The method by which a document is created to list and document a transaction between a buyer and a seller.