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A company has sluggish sales and as a result, inventory levels are increasing. What will happen in this situation? Select answer from the options below
A company has sluggish sales and as a result, inventory levels are increasing. What will happen in this situation? Select answer from the options below
The inventory turnover ratio will increase.
The inventory turnover ratio will not change.
The inventory turnover ratio will decrease.
It cannot be determined from the information given.
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