What should tampico enterprises consider doing

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Reference no: EM131884684

Question: Tampico Enterprises inventory turnover was 8.2 in 2X10. After analyzing several similar, competing companies, Tampico Enterprises found that the average inventory turnover for those companies was 11.8. What should Tampico Enterprises consider doing?

A) Increase inventory by purchasing on credit

B) Increase inventory by purchasing with cash

C) Change the number of days Tampico Enterprises uses to calculate inventory turnover

D) Decrease inventory by dumping obsolete goods

E) Decrease inventory by increasing sales

Reference no: EM131884684

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