Which measure is useful in evaluating the effi- (b) stockholders equity amount. ciency in managing inventories? (c)

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Which measure is useful in evaluating the effi-

(b) stockholders’ equity amount. ciency in managing inventories?

(c) total assets amount.

(a) Inventory turnover ratio.

(d) base-year amount.

(b) Days in inventory.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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