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Querist : Anonymous

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Querist : Anonymous (Querist)
21 July 2010 Hi
Respected Members

Can any one Solve my following problem?

1. 1st year inventory turnover ratio is 12%
2. 2nd year inventory turnover ratio is 13%
3. 3rd year inventory turnover ratio is 11%

Can any one solve my problem like what above ratio want to say year wise?

OR

Whether inventory ratio should be high or low year wise for good business carried on?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
21 July 2010 https://www.caclubindia.com/experts/inventory-ratio-438315.asp

Already Answered.
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DR GAURAV GUPTA FCA, FCS, LL.B

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DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
21 July 2010 agreed
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