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9 Assume a firm has an inventory turnover of 5. This means that: It takes the firm on average 73 days to sell its inventory.

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9 Assume a firm has an inventory turnover of 5. This means that: It takes the firm on average 73 days to sell its inventory. B It takes the firm on average 73 days to collect from its customers. The firm has 5 times more in inventory than it does in cash. D The firm has an average collection period of 73 days. E It takes the firm 73 days to sell its inventory and collect on its sales

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