Which of these would cause the in- ventory turnover ratio to increase the most? (a) Increasing the

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Which of these would cause the in- ventory turnover ratio to increase the most?

(a) Increasing the amount of inventory on hand.

(b) Keeping the amount of inventory on hand. constant but increasing sales.

(c) Keeping the amount of inventory on hand constant but decreasing sales.

(d) Decreasing the amount of inventory on hand and increasing sales.

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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