Business, 02.11.2019 07:31 scoutbuffy8954

31) last year, abc and xyz both had the same level of cost of goods sold, but abc turned its inventory over 8 times during the year while xyz turned its inventory over every 55 days. if the objective is to keep inventory as low as possible on average, which of the following is true?

(a) abc did a better job since its inventory turnover was higher.
(b) xyz did a better job since its days sales in inventory was lower.
(c) abc did a better job since its days sales in inventory was higher.
(d) xyz did a better job since its inventory turnover was lower.

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31) last year, abc and xyz both had the same level of cost of goods sold, but abc turned its invento...

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