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Which of the following statements is correct concerning the days' sales in raw materials inventory ratio? Multiple Choice The ratio is not useful for a

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Which of the following statements is correct concerning the days' sales in raw materials inventory ratio? Multiple Choice The ratio is not useful for a manufacturer Is calculated by taking the Raw materials used/Average raw materials inventory Reveals how many times a company turns over its raw materials inventory in a period, It measures how long it takes raw materials to be used in production Most companies generally prefer a higher number of days' soles in raw materials inventory

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