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Inventory turnover for 2018 is 1.86, 2017 is 1.75 times and 2016 is 1.69 times. Explain why is the inventory turnover so low using the
Inventory turnover for 2018 is 1.86, 2017 is 1.75 times and 2016 is 1.69 times. Explain why is the inventory turnover so low using the ratio, balance sheet and financial statement. Answer have to have substance and explanation behind it.
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