A Lower Days' Sales in Inventory for Company X When

question 33

Multiple Choice

A lower days' sales in inventory for Company X when compared to other companies, indicates that Company X:

• A)is able to sell its inventory quickly.
• B)is spending more on inventory storage.
• C)is incurring higher insurance costs.
• D)is holding excess obsolete inventory.

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Definitions:

Stumbling Blocks

Obstacles or barriers that hinder progress or make it difficult to achieve a goal.

Scholastic Ability

The capacity or aptitude to learn or excel in academic settings.

Academic Genius

Refers to an individual who exhibits exceptional intellectual ability, creativity, or originality, often to a degree that is associated with the achievement of new advances in academic or scientific domains.

High IQ

A measure indicating superior cognitive abilities in comparison to the general population, typically identified through standardized intelligence tests.