Suppose that a logistics manager is able to eliminate some unnecessary inventory,which reduces the value of current assets as well as total asset value.What is the corresponding impact on inventory turnover and return on assets?
A) Both inventory turnover and return on assets will increase
B) Inventory turnover increases,while return on assets decreases
C) Inventory turnover decreases,while return on assets increases
D) Both inventory turnover and return on assets will decrease
Correct Answer:
Verified
Q1: Which generic strategy concentrates an organization's effort
Q3: Which of the following does not appear
Q4: Which of the following is a common
Q5: Which of the following is not a
Q6: Which of the following is not a
Q7: _ strategy decisions involve issues such as
Q8: _ strategy is focused on determining the
Q9: The _ reflects the assets,liabilities,and owners' equity
Q10: The balance sheet reflects the assets,liabilities,and _
Q11: In general,the _ measures the profitability of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents