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    Principles of Managerial Finance
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    Exam 3: Financial Statements and Ratio Analysis
  5. Question
    If the Inventory Turnover Is Divided into 365, It Becomes
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If the Inventory Turnover Is Divided into 365, It Becomes

Question 193

Question 193

Multiple Choice

If the inventory turnover is divided into 365, it becomes a measure of


A) sales efficiency.
B) the average age of the inventory.
C) sales turnover.
D) the average collection period.

Correct Answer:

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