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A manufacturer reported an inventory turnover ratio of 86

Question - A manufacturer reported an inventory turnover ratio of 8.6 during 2007. During 2008, management introduced a new inventory control system that was expected to reduce average inventory levels by 25 percent without affecting sales volume.

Will the inventory turnover ratio increase or decrease during 2008?

increase

decrease

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Accounting Basics: A manufacturer reported an inventory turnover ratio of 86

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Accounting Basics: A manufacturer reported an inventory turnover ratio of 86

Reference No:- TGS02548509

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