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2. Why would the inventory turnover ratio be more important for someone analyzing a grocery store chain than an insurance company? 3. Why is it

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2. Why would the inventory turnover ratio be more important for someone analyzing a grocery store chain than an insurance company? 3. Why is it sometimes misleading to compare a company's financial ratios with those of other firms that operate in the same industry? 4. Profit margins and turnover ratios vary from one industry to another, What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company

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