CFA Practice Question

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CFA Practice Question

When examining revenue relationships, an analyst should check the turnover ratios of ______, as suggested in the reading.

I. assets
II. inventory
III. receivables
Correct Answer: I and III

User Contributed Comments 2

User Comment
leo_rhan Is inventory not an asset item?
dada leo_rhan: In the textbook "Look at revenue relationships.", it specifies to calculate receivables turnover and asset turnover. The asset refers to long-term asset/investment, not inventory.
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