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If Inventory Turnover Changes from 4 Times a Year to 5

Question 61

Multiple Choice

If inventory turnover changes from 4 times a year to 5 times a year,this means:


A) on average, it is taking longer to sell inventory.
B) on average, inventory is being sold faster.
C) inventory turnover is too slow.
D) inventory turnover is faster than the industry average.

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