Blooming Gardens has an inventory turnover of 16. This means the firm:
A. sells its entire inventory every 16 days.
B. only stocks its inventory every 16 days.
C. buys 16 days of inventory with each order.
D. sells its inventory by granting customers 16 days credit.
E. sells its inventory an average of 16 times each year.
Answers: 1
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Blooming Gardens has an inventory turnover of 16. This means the firm:
A. sells its entire inventor...
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