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stranahan stranahan
wrote...
Posts: 3324
7 years ago
Which of the statements below is TRUE?
A) Inventory turnover is cost of goods sold divided by accounts receivables.
B) Total asset turnover is profits divided by total assets.
C) Receivables turnover is accounts receivable divided by sales.
D) A higher inventory turnover ratio signifies that inventory is moving faster.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 213 times
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Answer verified by a subject expert
blightermournblightermourn
wrote...
Posts: 263
7 years ago
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Kumbaya my lord, Kumbaya

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stranahan Author
wrote...
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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