Which of the following is the best reason to justify the fact that Inventory turn and GMROI should be calculated quarterly rather than annually?
A) Due to frequent fluctuation in sales and inventory.
B) Due to frequent fluctuation in average and total Inventory.
C) Due to frequent depreciation.
D) All of the above.
Correct Answer:
Verified
Q11: _ results in low levels of inventory
Q12: In a time flexibility strategy, the results
Q13: _ makes the best use of material,
Q14: Which of the following statements is correct
Q15: An inventory turnover ratio:
A)Measures how often a
Q16: How is inventory turnover ratio calculated?
A)By dividing
Q17: What is an average inventory?
A)The sum of
Q18: How do you determine a cost of
Q19: What is the formula of a Gross
Q20: Both inventory turnover and GMROI are stated
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