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An inventory turnover ratio of 8.6 during 2007. During 2008

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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;or;decrease

 

Paper#25439 | Written in 18-Jul-2015

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