According to the textbook, what should a business owner do with excess inventory?
A) cut prices on the product to increase its sales
B) donate the products and get a tax write-off
C) throw the excess away
D) throw a party
E) raise prices and sell the product as a premium product

Question

Quizplus · Accepted Answer

She needs to increase her inventory turnover. In general, the higher the number of inventory turns, the better.

According to the Textbook, What Should a Business Owner Do