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The simple rule for inventory turnover is that a low ratio is preferable. true false...

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Accounting

The simple rule for inventory turnover is that a low ratio is preferable.
true
false
A low inventory turnover ratio can suggest a company is struggling to sell inventory.
true
false
The four methods used to assign costs to inventory and to cost of goods sold include specific identification,
first-in, first-out (FIFO), last-in, first-out (LIFO), and weighted average.
true
(c) false
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