The reason for not using inventory turnover ratio as a measure to compare inventory performance of companies that are different in industries. Introduction: Inventory is a stock or store of goods. Every company store lots of goods as inventory which will be used during replenishment periods. Management of inventory is so much essential to manage cost and also to reduce cost.

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Chapter 12, Problem 5DRQ

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To determine: The reason for not using inventory turnover ratio as a measure to compare inventory performance of companies that are different in industries.

Introduction:Inventory is a stock or store of goods. Every company store lots of goods as inventory which will be used during replenishment periods. Management of inventory is so much essential to manage cost and also to reduce cost.

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