When comparing inventory turnover ratios, other things being equal, A

When comparing inventory turnover ratios, other things being equal,

A) higher inventory turnover results from old or obsolete inventory increasing the inventory
balance on the balance sheet.
B) a higher inventory turnover is preferred to improve liquidity.
C) higher inventory turnover results from an increase in the selling price of the product.
D) a lower inventory turnover is preferred in order to keep inventory costs low.

ANSWER

B