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1. Why does a company need to turnover its inventory quickly? a- Taxes must be paid on both new and old inventory every year. b-
1. Why does a company need to turnover its inventory quickly?
a- Taxes must be paid on both new and old inventory every year.
b- Excess inventory decreases liquidity.
c- Inventory does not have to show on the books if turned quickly.
d- A quick turnover will decrease employee overtime.
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