Higher inventory turnover suggests A the company’s inventory is more liquid B th

Question

Higher inventory turnover suggests A the company’s inventory is more liquid B the company’s inventory is somewhat obsolete C the company has a higher inventory balance D the company’s sales are higher Higher inventory turnover suggests A the company’s inventory is more liquid B the company’s inventory is somewhat obsolete C the company has a higher inventory balance D the company’s sales are higher A the company’s inventory is more liquid B the company’s inventory is somewhat obsolete C the company has a higher inventory balance D the company’s sales are higher

Explanation / Answer

Inventory Turnover = Inventory/(Average COGS/2)
Higher inventory means more sales and it means it sells the inventories better.
Option d is correct
Other options are not correct.

Best of Luck. God Bless

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