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FIN303 Financial Management Essay, SIM, Singapore Two businesses operate in the same industry. One has an inventory turnover period that is longer than the industry average
University Singapore University of Social Science (SUSS)
Subject FIN303: Financial Management
Posted on: 30th Sep 2023

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

  • Two businesses operate in the same industry. One has an inventory turnover period that is longer than the industry average. The other has an inventory turnover period that is shorter than the industry average. Give three possible explanations for each business’s inventory turnover period ratio.

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