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In which of the following situations would the car be classified as inventory? Question 7 1 pts A high inventory turnover ratio indicates which of

image text in transcribedIn which of the following situations would the car be classified as inventory?

Question 7 1 pts A high inventory turnover ratio indicates which of the following? Inventory is obsolete. Inventory is being sold quickly. O None of the other answers is correct. O That inventory levels are increasing, possibly due to company expansion plans. O

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