14. Which of the following is most likely to be a symptom of overtrading? A Static levels of inventory turnover B Rapid increase in profits C Increase in the level of the current ratio D Rapid increase in sales

14. Which of the following is most likely to be a symptom of overtrading? A Static levels of inventory turnover B Rapid increase in profits C Increase in the level of the current ratio D Rapid increase in sales

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 14MC: Which of the following indicates a positive trend for inventory management? A. increasing number of...

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Question

14. Which of the following is most likely to be a symptom of overtrading?

A		Static levels of inventory turnover
B		Rapid increase in profits
C		Increase in the level of the current ratio
D		Rapid increase in sales

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