If a Company Decreases Their Inventory Turnover Ratio from Last

question 51

Multiple Choice

If a company decreases their inventory turnover ratio from last year to the current year,which of the following could cause that change?

• A)Reduction of inventory levels through implementation of Just-in-Time.
• B)Speedier production processes.
• C)Increase in inventory levels through change in product mix.
• D)Increasing sales at a faster rate than the growth in inventory while maintaining a constant gross profit percentage.

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Definitions:

Vector

(1) Any carrier or means of transfer. (2) Agent (e.g., a plasmid or virus) that transfers genetic information. (3) Agent that transfers a parasite from one host to another.

Reverse Transcriptase

An enzyme used by retroviruses to synthesize DNA from an RNA template, essential for the replication of retroviruses.

Genetic Probe

A strand of DNA or RNA labeled with a radioactive or fluorescent tag used to detect the presence of complementary sequences.

Recombinant DNA Technology

A set of laboratory methods used to join together DNA segments from different sources, creating genetic combinations not found in nature.