Question: Why is average inventory used in the Inventory Turnover Ratio calculation? To overstate turnover during peak seasons. To minimize the impact on sales. To complicate

Why is average inventory used in the Inventory Turnover Ratio calculation?
To overstate turnover during peak seasons.
To minimize the impact on sales.
To complicate the ratio calculation.
To smooth out seasonal fluctuations
To increase the Days Sales in Inventory
Why is average inventory used in the Inventory

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