Generally,a higher inventory turnover ratio reflects positively on a company's ability to manage its inventory.

Question

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A higher inventory turnover ratio means that a company is selling goods quickly and replenishing its inventory frequently, which is a sign of good inventory management. This can lead to increased profitability by reducing storage costs and minimizing the risk of obsolete inventory.

Generally,a Higher Inventory Turnover Ratio Reflects Positively on a Company's