What does a high inventory turnover indicate?

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Managerial Accounting

ISBN: 9781119577669

4th Edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: May 05, 2021 06:16 AM

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A. Why is a high inventory turnover considered to be a positive indicator? B. Is it possible to have a high inventory turnover and a high number of days' sales in inventory? Why?
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What does a high inventory turnover indicate?

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Managerial Accounting

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