Airport Gift Mart, Inc. reported the following amounts in its financial statements:
From 2011 to 2012, the company's efficiency in managing inventory is:
A) declining, because the inventory turnover ratio is decreasing.
B) improving, because the inventory turnover ratio is increasing.
C) declining, because the inventory turnover ratio is increasing.
D) improving, because the inventory turnover ratio is decreasing.
Correct Answer:
Verified
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