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What is a main difference between companies in the electronic computer manufacturing industry and universities/professional schools? Select answer from the options below Inventory is very
What is a main difference between companies in the electronic computer manufacturing industry and universities/professional schools? Select answer from the options below Inventory is very material to financial statements for electronic computer manufacturing, whereas inventory is usually insignificant for universities. Electronic computer manufacturing has a median inventory turnover of about two months, whereas universities have a median inventory turnover of about four months. Electronic computer manufacturing has a moderate inventory turnover, whereas universities have a high inventory turnover. The inventory turnover rates are about the same for both electronic computer manufacturing and for universities, but inventory makes up a higher percentage of total assets for universities
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