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The inventory turnover ratio across companies in the aerospace industry is 26.6645x. Based on this information, which of the following statements is true for Franklin

The inventory turnover ratio across companies in the aerospace industry is 26.6645x. Based on this information, which of the following statements istruefor Franklin Aerospace?

1Franklin Aerospace is holding less inventory per dollar of sales compared with the industry average.

2Franklin Aerospace is holding more inventory per dollar of sales compared with the industry average.

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