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Scary Company and Excellent Company operate in the same industry. Here are inventory-related financial ratio values for Scary and Excellent for Year 1 and Year

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Scary Company and Excellent Company operate in the same industry. Here are inventory-related financial ratio values for Scary and Excellent for Year 1 and Year 2: Which ONE of the following statements is true? Excellent's inventory management practices are more efficient than are Scarys in both Year 1 and Year 2. Excellent's inventory management practices became more efficient in Year 2 compared to Year 1 . Scary's inventory management practices are more efficient than are Excellent's in both Year 1 and Year 2. 5cary s inventory management practices became more efficient in Year 2 compared to Year 1. What is a consequence of inefficient management of inventory? Decrease in time from the sale of inventory until the collection of cash from the sale of that inventory increase in time from the sale of inventory until the collection of cash from the sale of that inventory Money tied up in the form of imventories cannot be used for other purposes. Increased use of retained earnings to pay wages to employees

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