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Which of the following formulas is used to calculate the inventory turnover ratio?
Car Dealerships
Businesses specialized in selling new or used cars, often also offering maintenance services and financing options.
Grocery Stores
Retail stores specializing in the sale of food and household items.
Enterprise Value
A measure of a company's total value, calculated as market capitalization plus debt, minority interest, and preferred shares, minus total cash and cash equivalents.
Market Cap
The total market value of a company's outstanding shares of stock, calculated by multiplying the stock's current market price by the total number of shares.
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