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  3. 1. why does a company need to turnover its invento

1. Why does a company need to turnover its inventory quickly? a- Taxes must be...

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Accounting

1. Why does a company need to turnover its inventory quickly?

a- Taxes must be paid on both new and old inventory every year.

b- Excess inventory decreases liquidity.

c- Inventory does not have to show on the books if turned quickly.

d- A quick turnover will decrease employee overtime.

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