Low inventory turnover compared with the industry average might reflect
A) obsolete goods.
B) poor purchasing procedures.
C) excess merchandise.
D) all of the above.

Question

Quizplus · Accepted Answer

Low inventory turnover indicates that the company is not selling its products as quickly as its competitors or as it should be. This could be due to obsolete goods that are no longer in demand or poor purchasing procedures leading to excess merchandise. Therefore, all of the above options could be factors contributing to low inventory turnover.

Low Inventory Turnover Compared with the Industry Average Might Reflect