MCQOPTIONS
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				| 1. | 
                                    Inventory turnover in days = Days during the period ÷……………….. | 
                            
| A. | Inventory turnover ratio | 
| B. | material consumed during the period | 
| C. | cost of average stock during the period | 
| D. | none of these | 
| Answer» B. material consumed during the period | |