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Which of the following about inventory turnover is true? Itmeasures the inventory that is sold and replaced. Itmeasures the number of times that the inventory

Which of the following about inventory turnover is true?

  • Itmeasures the inventory that is sold and replaced.
  • Itmeasures the number of times that the inventory is replaced.
  • Itmeasures the number of times that the inventory is sold and replaced.
  • Itmeasures the inventory that is bought and replaced.

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