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The inventory turnover ratio: O A. is determined by dividing cost of goods sold by net sales. OB. should be high for a company that

The inventory turnover ratio: O A. is determined by dividing cost of goods sold by net sales. OB. should be high for a company that sells high-end merchandise. OC. will be lower for companies that have many low-priced items in their inventory. O D. shows how many times the company sold its average level of inventory

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