A lower days' sales in inventory for Moonshine,Inc. ,when compared to other companies,indicates that it is ________.

Question

Quizplus · Accepted Answer

A lower days' sales in inventory means that the company is selling its inventory more quickly, which is a positive sign. It indicates that the company is efficiently managing its inventory and has a good demand for its products. B and C are incorrect because they do not relate to the concept of days' sales in inventory. D is also incorrect because holding excess obsolete inventory would result in a higher days' sales in inventory, not a lower one.

A Lower Days' Sales in Inventory for Moonshine,Inc