Asked by Madison Forte on Jul 11, 2024

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Discontinuing all slow-selling merchandise will tend to decrease the inventory period.

Inventory Period

The duration of time it takes for a company to sell its inventory and convert it into sales, often measured in days or months.

Slow-selling Merchandise

Items in inventory that move or sell at a slower pace than anticipated, often leading to excess stock and markdowns.

  • Determine methods for controlling and enhancing the cash flow cycle.
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MC
Matthew ColvinJul 15, 2024
Final Answer :
True
Explanation :
Discontinuing slow-selling merchandise reduces the amount of inventory that takes longer to sell, thus potentially decreasing the overall time items spend in inventory before being sold.