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At the end of the fiscal year for Santos Industrial Machinery, management raised concerns about the company's financial performance. The company's accountants have been asked to analyze the current financial state of the company by using ratio analysis.
Among the activity ratios the executives want to see calculated is the inventory turnover ratio. Which of the following questions does this ratio best help answer?
How many employees does Santos need to turn over its inventory?
How much debt does Santos currently carry?
What is Santos's current owners' equity?
How quickly is Santos selling its products?
What is Santos's return on sales?
If the number of firms in the market under Cournot competition increases:
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