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Which of the following is not true statement regarding inventory turnover ratio? Question 8 options: a) A high ratio generally indicates weak sales and lower

Which of the following is not true statement regarding inventory turnover ratio?

Question 8 options:

a)

A high ratio generally indicates weak sales and lower liquidity

b)

This ratio measures the companys efficiency in turning its inventory into sales

c)

A low ratio generally implies either poor sales or unnecessary inventory level relative to sales

d)

A low ratio can indicate overstocking and obsolescence

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