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True or False: 1- Inventory turnover is the number of times in a period, usually a year, that a company works through its payables. 2-
True or False:
1- Inventory turnover is the number of times in a period, usually a year, that a company works through its payables.
2- Extending a company's receivable days may increase a company's revenues.
3- Reducing the payable turnover increases a company's working capital.
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