Just-in-time jit inventory and current ratio many companies


Question: Just-in-Time (JIT) Inventory and Current Ratio Many companies have adopted JIT inventory methods to reduce the size of their inventories. What would you expect to happen to the current ratios of such companies? Would you interpret the current ratio differently for JIT companies compared to other companies? Explain.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Just-in-time jit inventory and current ratio many companies
Reference No:- TGS02618110

Expected delivery within 24 Hours