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Presented are the income statements of Knopf and Simon Publications companies for the current year: Which company has the best inventory turnover rate?
General-Obligation Bond
A type of municipal bond that is secured by the full faith and credit of the issuing government, including its taxing power to repay the bondholders.
Russell 2000
A gauge that tracks the performance of around 2000 of the smallest American firms listed in the Russell 3000 Index.
S&P 500
A stock market index tracking the performance of 500 of the largest companies listed on stock exchanges in the United States.
DJIA
Dow Jones Industrial Average, a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.
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