Use the following to calculate the inventory turnover ratio for the year 2019.
Definitions:
Higher-than-average Returns
Profits or yields that exceed the norm or average for a particular investment or sector.
Beta
A measure of the volatility or risk of a security or a portfolio in comparison to the market as a whole.
Diversifiable Risk
A type of investment risk that can be reduced or eliminated through diversification, including risks specific to an industry, company, or region.
Unsystematic Risk
The risk that is specific to a company or industry, which can be reduced through diversification.
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