The corner hardware has succeeded in increasing the amount


The corner hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a constant level. Assume that both the cost per unit and the selling price per unit also remained constant. This accomplishment will be reflected in the firms financial ratios in which one of the following ways?

Decrease in the inventory turnover rate

Decrease in the net working capital turnover rate

Increase in the fixed asset turnover rate

Decrease in the days sales inventory

Decrease in the total asset turnover rate

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Financial Management: The corner hardware has succeeded in increasing the amount
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