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You overhear a discussion on inventory management at your company. Apparently, after the last earnings release it seems as if your company's inventory turnover ratio
You overhear a discussion on inventory management at your company. Apparently, after the last earnings release it seems as if your company's inventory turnover ratio is higher than your biggest competitor. What could this most likely mean? Group of answer choices This is a positive thing; you are moving inventory quicker off the shelves than your competitor This is a negative thing; your inventory balances are too high, indicating inventory is not moving quickly relative to your competitor This is a positive thing; you are purchasing inventory cheaper than your competitor This is a negative thing; it could mean that COGS is higher than the value of inventory relative to your competitor
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