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Indicate which of the following statements regarding Days Inventory Held (DIH) is most likely correct or incorrect. [Choose ] It indicates how many days it
Indicate which of the following statements regarding Days Inventory Held (DIH) is most likely correct or incorrect. [Choose ] It indicates how many days it takes for a firm's inventory that was sold to be replaced during the reporting period of one year It is the most important profitability ratio to a financial analyst [ Choose ] A high DIH implies greater efficiency in the use of long-term assets [ Choose ] Grocery stocks such as Woolworths have DIH always less than 3 days [Choose ] A
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