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bravata bravata
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Posts: 1417
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7 years ago
Why would a slow inventory turnover rate be a red flag in a financial statement analysis?
A) The company may have obsolete inventory.
B) The company may have bad salespeople.
C) The company may be overstating inventory.
D) Both A and C are reasons why it would be a red flag.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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7 years ago
Correct Slight Smile TY
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Yesterday
Thanks for your help!!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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