Question: 7 . Inventory turnover a . measures the amount of inventory written off as obsolete. b . is found by dividing 3 6 5 by

7. Inventory turnover
a. measures the amount of inventory written off as obsolete.
b. is found by dividing 365 by Days' Sales in Inventory.
c. is found by dividing 365 by Days' Sales in Accounts Receivable.
d. should be similar for all industries.

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