Question

Which of the following would be the most likely cause of an increase in inventory turnover?

A) The faster collection of accounts receivable
B) Lowered sales
C) An increase in the inventory level
D) A reduction in the price of the product

6 months ago - 1 answers

Best Answer

Chosen by Asker

D) A reduction in the price of the product

in theory, a lower price should result in higher sales (and higher cost of sales)

6 months ago