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Why would the inventory turnover ration b mor important wen analyzing a grocery chain dan an insurance company?

April 26, 2017analyzing Business Finance Inventory mor ration turnover wen

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Why would the inventory turnover ration b mor important wen analyzing a grocery chain dan an insurance company?

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Grocery stores carry inventory for resale, insurance companies don’t. Insurance policies are not valued and carried in an inventory account. Inventory analysis is a big part of a grocery chain’s financial results; it is virtually irrelevant for an insurance company.