It is always better for a firm to have a high inventory turnover ratio than a low turnover ratio.

Name: It is always better for a firm to have a high inventory turnover ratio than a low turnover ratio.
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A high inventory turnover ratio can indicate efficient management, but excessively high turnover may lead to stockouts and lost sales, while a low ratio might suggest overstocking or weak sales. The optimal ratio depends on the industry and business strategy.

It Is Always Better for a Firm to Have a High