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Which of the following is not true about inventory: 1. If inventory levels are too low the firm risks losing sales opportunities 2. If inventory
Which of the following is not true about inventory: 1. If inventory levels are too low the firm risks losing sales opportunities 2. If inventory levels are too high return on investment is reduced and inventory could become obsolete 3. Inventory levels relative to cost of goods sold and sales will vary by industry 4. Inventory always grows as the same rate as revenue
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