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What does an inventory turnover ratio of 5 mean? The average life of the inventory was 5 weeks. The entire inventory was sold every 5

What does an inventory turnover ratio of

5

mean?

The average life of the inventory was

5

weeks.

The entire inventory was sold every

5

days.

The average life of the inventory was

5

months.

The entire inventory was sold and replaced

5

times during the year.

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