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Which one of the following analytical trends indicates the possibility of an increase in obsolete inventory on hand? A.A decrease in the ratio of inventory
Which one of the following analytical trends indicates the possibility of an increase in obsolete inventory on hand?
- A.A decrease in the ratio of inventory in relation to accounts receivable.
- B.A decrease in the ratio of gross profit in relation to sales.
- C.A decrease in the ratio of inventory in relation to accounts payable.
- D.A decrease in the inventory turnover rate.
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