If a company turns its inventory over too slowly, it is most likely to be keeping obsolete or deteriorating goods.

Name: If a company turns its inventory over too slowly, it is most likely to be keeping obsolete or deteriorating goods.
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Question

Quizplus · Accepted Answer

When inventory turnover is slow, it means goods are not being sold quickly enough, and they may become obsolete, deteriorate, or spoil over time, leading to losses for the company.

If a Company Turns Its Inventory Over Too Slowly, It