Advantages of high inventory turnover include all of the following EXCEPT:
A) Increased sales volume
B) Improved salesperson morale
C) Increased asset turnover
D) Increased cost of goods sold
E) Less risk of obsolescence and markdowns

Question

Quizplus · Accepted Answer

Increased cost of goods sold is not an advantage of high inventory turnover; it is a consequence of selling more inventory. High inventory turnover typically leads to benefits like increased sales volume, improved asset turnover, and reduced risk of obsolescence.

Advantages of High Inventory Turnover Include All of the Following