Generally a high inventory turnover rate is considered
A)Good.
B)Bad.
C)Indifferent.
D)Proportionate to net income.

Name: Generally a high inventory turnover rate is considered A)Good. B)Bad. C)Indifferent. D)Proportionate to net income.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A high inventory turnover rate is generally considered good because it indicates that a company is selling its products quickly and efficiently. This can lead to higher profits and better cash flow management.

Generally a High Inventory Turnover Rate Is Considered