c) Write your opinion on what you think would happen to its ratios if the company initiated cost-cutting measures that a
Posted: Sun Jul 03, 2022 3:51 pm
company initiated cost-cutting measures that allowed it to hold lower levels of inventory and substantially decreased the cost of goods sold. No calculations are necessary. Think about which ratios would be affected by changes in these two accounts. (10 marks)
c) Write your opinion on what you think would happen to its ratios if the