Unformatted text preview: (a) What is the relationship between cash flow and inventory? (b) One of Bell's product managers was very disappointed with the continuing increase in inventory from the beginning of 20X2 through the end of 20X3. He felt his directives to better manage inventory were not being followed. Prepare an inventory turnover ratio analysis for 20X2 and 20X3. Based on your analysis, is the company better managing inventory levels? How is it possible that the ratios are improving at the same time that inventory levels are expanding?...
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- Spring '11