A benefit of inventory turnover ratios is that firms in the same industry should have similar ratios,thus making comparison easier.

Name: A benefit of inventory turnover ratios is that firms in the same industry should have similar ratios,thus making comparison easier.
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Inventory turnover ratios can vary significantly among firms in the same industry due to differences in business models, strategies, and operational efficiencies, making direct comparisons more complex.

A Benefit of Inventory Turnover Ratios Is That Firms in the Same