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Question 23 (0.2 points) Which of the following is NOT true about the inventory turnover ratio? O It is calculated by dividing inventory by cost

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Question 23 (0.2 points) Which of the following is NOT true about the inventory turnover ratio? O It is calculated by dividing inventory by cost of goods sold. Too high a turnover or too low a turnover could be a warning sign. OIt measures how many times the inventory is turned over into saleable products. The more times a firm can turnover its inventory, the better

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