Question
 If the inventory turnover is divided by 365, it
becomes a measure ofSolution
The average age of the inventory is the average number of days it takes for an entity to completely sell off its stock or inventory. It is a measure that is used to determine the performance of the revenue from operations or sales. The average age of inventory can also be termed as DSI (Day’s Sale in Inventory).
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II. N is four less than L.
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I: The respective ...
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