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The number of days' sales in inventory for Nile Company is 12 days, and the...

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Accounting

The number of days' sales in inventory for Nile Company is 12 days, and the number of days' sales in inventory for Thames Company is 17 days. What does this information mean?

Nile Companys Gross Margin is higher than Thames Companys Gross Margin

Thames Companys inventory turnover ratio is significantly higher than that of Nile Company

Thames Company is collecting receivables faster than Nile Company

Nile Company is selling inventory faster than Thames Company

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