Multiple Choice
The inventory turnover rate for a firm is 14.5 as compared to the relevant industry rate of 13.2. In this case, the firm is
A) averaging less days of sales in inventory than the industry.
B) underperforming the industry.
C) generating less sales per dollar of inventory.
D) selling its inventory slower than the industry.
Correct Answer:

Verified
Correct Answer:
Verified
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