QUESTION 7 Using the average inventory in the denominator of the inventory turnover ratio rather than using the year end balance would be especially important for a firm with seasonal sales a firm with a high level of debt a company that has multiple business divisions a service firm

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Posted on Sep 22, 2024

QUESTION 7: Using the average inventory in the denominator of the inventory turnover ratio rather than using the year-end balance would be especially important for

		a firm with seasonal sales
		a firm with a high level of debt
		a company that has multiple business divisions
		a service firm

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