Answer:
given statement is false
Explanation:
given statement is false
we know that Inventory Turnover Ratio that is express as here
Inventory Turnover Ratio = Cost of Goods Sold ÷ Average Inventory ........................1
so when any company buy inventory in large quantity, it mean average inventory will be more high
so if average inventory will be higher then the inventory turnover that will be lower due to the fact that is denominator higher
so given statement is false
