Class question

User Generated

Ze.Haxabja

Business Finance

Description

This is my class question I need done with at least 150 words. Please No Plagiarism. I would like for you to use your own words,but if not please cite-in-text with reference

What are some of the pros and cons of having a high inventory turnover vs low inventory turnover? Do you think it depends on the type of business?

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hello buddy, kindly find the attached document for your approval. Thank you.✌

Running Head: Inventory Turnover

Inventory Turnover
Student Name:
Institution:
Date:

1

2

Inventory turnover is an efficiency comparative ratio that measures how frequent the
products of a company are replaced or are sold at any given period in a fiscal year (Stickney,
Weil, Schipper, & Francis, 2009). A high inventory turnover means that the company is selling
the products it produces at a very high rate. This may be as a result of the favorable prices of the
product, the high-quality of the product or the good marketing techniques employed by the
company. A low inventory turnover means that the organization’s product is being sold or
replaced at a very slow rate. This is may be attributed to the over-pricing of the produc...


Anonymous
I was struggling with this subject, and this helped me a ton!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags