A high inventory turnover ratio indicates that ______.

A. the firm is converting its inventory to profits faster
B. the potential for product obsolescence is high
C. inventory is not being replenished
D. the potential for product theft and damage is high


A. the firm is converting its inventory to profits faster

Business

You might also like to view...

Which of the following statements about service departments and their costs is not true?

a. Service departments rarely provide services to other service departments. b. Some service departments may be able to precisely measure the services it provides to other departments. c. Service department costs should be included in total product costs. d. Allocation of service department costs should be made on an equitable basis.

Business

Fact Pattern 42-1AFresh Fruits & Veggies, Inc., wants to make an initial public offering of securities. Fresh believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.Refer to Fact Pattern 42-1A. If Fresh is exempt from the federal registration requirement, Fresh is

A. automatically exempt from any state registration requirement. B. not subject to any state securities laws. C. not necessarily exempt under a state registration requirement. D. automatically subject to all state registration requirements.

Business

Measuring and evaluating performance historically has had certain problems and limitations

a. True b. False Indicate whether the statement is true or false

Business

Explain the people component of social media information systems (SMIS) with respect to auser and an organization

What will be an ideal response?

Business