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Use the information provided below to provide an interpretation of each of the following ratios: 1 . 3 . 1 Inventory turnover 1 . 3
Use the information provided below to provide an interpretation of each of the following ratios:
Inventory turnover
Debtors collection period
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The credit term offered by Reno Supermarket to its debtors were days. The following ratios were calculated for and :
tableRatioInventory turnover, times, timesDebtors collection period, days, days
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