An increasing inventory turnover ratio a. indicates a longer time span between the ordering and receiving of

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An increasing inventory turnover ratio

a. indicates a longer time span between the ordering and receiving of inventory.

b. indicates a shorter time span between the ordering and receiving of inventory.

c. indicates a shorter time span between the purchase and sale of inventory.

d. indicates a longer time span between the purchase and sale of inventory.

(Appendix)

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