Which measure is useful in evaluating the effi- ciency in managing inventories? (a) Inventory turnover ratio. (b)

Question:

Which measure is useful in evaluating the effi- ciency in managing inventories?

(a) Inventory turnover ratio.

(b) Days in inventory.

(c) Both

(a) and (b).

(d) None of the above.

AppendixLO1

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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