Two businesses operate in the same industry. One has an inventories turnover period that is higher than

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Two businesses operate in the same industry. One has an inventories turnover period that is higher than the industry average. The other has an inventories turnover period that is lower than the industry average. Give three possible explanations for each business’s inventories turnover period ratio.

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Accounting And Finance For Non Specialists

ISBN: 9780273702443

5th Edition

Authors: Dr Peter Atrill, Eddie Mclaney

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