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The Inventory Turnover Rate for a Firm Is 14

Question 32

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) selling its inventory slower than the industry.
B) underperforming the industry.
C) averaging fewer days of sales in inventory than the industry.
D) generating fewer sales per dollar of inventory.

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