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Inventory turnover measures a . the efficiency and effectiveness of inventory management. b . the relationship between cost of merchandise sold and the amount of
Inventory turnover measures
a the efficiency and effectiveness of inventory management.
b the relationship between cost of merchandise sold and the amount of inventory carried during the period.
c both the efficiency and effectiveness of inventory management and the relationship between cost of merchandise sold and the amount of inventory carried during the period.
d neither the efficiency and effectiveness of inventory management nor the relationship between cost of merchandise sold and the amount of inventory carried during the period.
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