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c ) Calculate the inventory days on hand ratio as at October 3 1 , 2 0 2 3 . ( Since this is for
c Calculate the inventory days on hand ratio as at October Since this is for the month, do not multiply by
in the formula. Instead multiply by days.
d Last month the inventory days on hand ratio was days. Has the ratio improved or deteriorated? Why or why not?
h Calculate the inventory turnover as at October
i If inventory turnover last month was is the company holding on to inventory for a longer or shorter period of time?
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