A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2023 · Q211 Mark
A company has calculated inventory turnover periods for two successive years. year inventory turnover in days 1 90 2 120 Company directors have suggested the following reasons for the change. 1 Purchases have decreased. 2 Purchases have increased. 3 Sales have decreased. 4 Sales have increased. What are the possible reasons for the change?
A1 and 3
B1 and 4
C2 and 3
D2 and 4
✓ Correct answer
C: 2 and 3
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