One company president stated. The operations of our company are such that we must turn inventory over

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One company president stated. “The operations of our company are such that we must turn inventory over once every four weeks.” A company president in another industry stated. ‘The operations of our company are such that we can live comfortably with a turnover of four times each year.” Explain what these two company presidents probably had in mind.

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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