A decline in the inventory turnover ratio suggests that the firm's liquidity position is improving.
Answer the following statement true (T) or false (F)
False
A decline in the inventory turnover ratio of a firm suggests that the firm is holding excess stocks of inventory. See 2-3: Financial Statement (Ratio) Analysis
You might also like to view...
When developing a presentation for an online audience,
A) send out study materials immediately after the presentation is over. B) break complicated slides into multiple slides. C) limit the use of the backchannel to Twitter breaks. D) start the presentation on time. E) keep each slide on screen for a longer period of time.
Rite Inc., a company headquartered in the United States, opens an overseas facility in China. In this scenario, the Chinese facility is located in a
A. guest country. B. host country. C. parent country. D. first country. E. third country.
________ include environmental laws, securities laws, and antitrust laws that provide for criminal violations and penalties.
A. Constitutions B. Regulatory statutes C. Resolutions D. Charters
What is the first step in the ethical decision-making framework?
A. Identify the stakeholders impacted by the decision. B. Determine the facts in an unbiased manner. C. Identify the ethical issue at hand. D. Discuss the issue with the stakeholders. E. Consider how the issue will affect the stakeholders.