FIN303: Two businesses operate in the same industry. One has an inventories turnover period that is longer than the industry average: Financial Management Essay, SIM, Singapore

University Singapore University of Social Science (SUSS)
Subject FIN303: Financial Management
  • Two businesses operate in the same industry. One has an inventories turnover period that is longer than the industry average. The other has an inventories turnover period that is shorter than the industry average. Give three possible explanations for each business’s inventories turnover period ratio.

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