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A bookstore is trying to improve its inventory turnover ratio. Which of the following actions could the bookstore take to achieve this goal? Select all
A bookstore is trying to improve its inventory turnover ratio. Which of the following actions could the bookstore take to achieve this goal? Select all that apply.
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Expanding the inventory by adding more book titles to attract a larger customer base.
Ordering only enough books to last for a month rather than for a whole quarter.
Increasing the price of books to enhance profitability per book sold.
Holding promotional events to increase the speed of book sales.
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