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The inventory turnover ratio: A. is used to analyze profitability B. is used to measure solvency C. Reveals how many times a company sells its

The inventory turnover ratio:

A. is used to analyze profitability

B. is used to measure solvency

C. Reveals how many times a company sells its merchandise inventory during a period

D. Reveals how many days a company can sell inventory if no new merchandise is purchased

E. Calculation depends on the company's inventory valuation method

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