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If a merchandising company reports a very high inventory turnover rate that is higher that most of its competitors, its banks, creditors and potential investors
If a merchandising company reports a very high inventory turnover rate that is higher that most of its competitors, its banks, creditors and potential investors can assume which of the following:
A The company is able to sell its inventory quickly.
B The company probably has an excessive amount of stale inventory.
C The company has significant inventory shrinkage.
D The company is in financial difficulty.
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