Question:
Bell Co. changed from a traditional manufacturing philosophy to a just-in-time philosophy. What are the expected effects of this change on Bell's inventory turnover and inventory as a percentage of total assets reported on Bell's balance sheet?
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Inventory turnover
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Inventory percentage
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a.
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Decrease
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Decrease
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b.
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Decrease
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Increase
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c.
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Increase
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Decrease
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d.
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Increase
|
Increase
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