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An inventory turnover ratio of 8 . 5 times indicates that the _ _ _ _ _ . Group of answer choices inventory of the

An inventory turnover ratio of 8.5 times indicates that the _____.
Group of answer choices
inventory of the firm turns over every 8.5 days
value of the inventory of the firm is 8.5 percent of the total assets of the firm
value of sales of the firm is 8.5 times the cost of goods sold
firm will restock its inventory every 42.35 days
firm pays for its inventory once in 42.35 days

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