If a firm has been experiencing increased sales while its inventory levels have decreased,then
A) its inventory turnover is decreasing, and its average age of inventory is increasing.
B) its inventory turnover is decreasing and its average age of inventory is decreasing.
C) its inventory turnover is increasing and its average age of inventory is increasing.
D) its inventory turnover is increasing and its average age of inventory is decreasing.
Correct Answer:
Verified
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