Question
When analyzing inventory disclosures using component percentages, which of the following explanations is plausible? A. An increasing COGS% and an increasing inventory turnover % may
When analyzing inventory disclosures using component percentages, which of the following explanations is plausible?
A. An increasing COGS% and an increasing inventory turnover % may have resulted from a shift in sales mix toward slower-moving products with a smaller margin. | ||
B. An increasing COGS% and an increasing inventory turnover % may have resulted from a shift in sales mix toward faster-moving products with a higher margin. | ||
C. An increasing COGS% and an increasing inventory turnover % may have resulted from a shift in sales mix toward slower-moving products with a higher margin. | ||
D. An increasing COGS% and an increasing inventory turnover % may have resulted from a shift in sales mix toward faster-moving products with a smaller margin. |
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