Q. A firm has inventory turnover of 6 and cost of goods sold is 7,50,000. With betterinventory management, the inventory turnover is increased to 10. This would result in: (Solved)
1. Increase in inventory by 50,000,
2. Decrease in inventory by . 50,000,
3. Decrease in cost of goods sold,
4. Increase in cost of goods sol
- b. Decrease in inventory by . 50,000,