Author Question: A reduction in a manufacturer's inventory turnover ratio is likely to indicate that the ________. (Read 34 times)

kandiwilson165@gmail.com · **on:** May 9, 2022

Question 1

A company issues $50,000 in bonds to generate money for expanding its business. This money is an example of a(n) ________.
◦ short-term liability
◦ long-term liability
◦ owners' equity
◦ accrued expense
◦ payable account

Question 2

A reduction in a manufacturer's inventory turnover ratio is likely to indicate that the ________.
◦ market growth has been very high
◦ sales are slowing down
◦ forecasting has been accurate
◦ company is in a strong financial position
◦ company has long-term debt obligations

spicyzack · **Reply #1 on:** May 9, 2022

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