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The inventory turnover ratio directly measures the days it takes to sell its average inventory balance the times per period the average inventory balance is
The inventory turnover ratio directly measures
the days it takes to sell its average inventory balance
the times per period the average inventory balance is sold
how many days it takes to collect its sales of inventory sold on account
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
