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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 merchandise inventory during

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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