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Explain what the following ratios measure. a. Asset turnover (2 marks) b. Inventory turnover (2...

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Accounting

Explain what the following ratios measure.

a. Asset turnover (2 marks)

b. Inventory turnover (2 marks)

c. Operating cycle (2 marks)

d. Cash conversion cycle (2 marks)

e. Customer collection period (2 marks)

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