Question 16 ts A low inventory turnover ratio suggests that o the inventory of the firm is sold and restocked very often. O the cost of inventory of the firm is lower than that of the similar firms O the firm is using the first-in first-out (FIF0) method of inventory valuation. O the firm is holding excess stocks of inventory. o the firm purchases all its inventory on credit. ring No new data to save. Last checked at 12:58pm earch