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Which is about inventory turnover is true

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Reference no: EM132626677

Problem 1: Which of the following about inventory turnover is true?

Option 1: It measures the number of times that the inventory is sold and replaced.

Option 2: It measures the inventory that is sold and replaced.

Option 3: It measures the inventory that is bought and replaced.

Option 4: It measures the number of times that the inventory is replaced.

Reference no: EM132626677

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