Which of the following statements is correct concerning the Days' sales in raw materials inventory?
a. A measure of how long it takes raw materials to be used in production.
b. The ratio is not useful for a manufacturer.
c. Reveals how many times a company turns over its raw materials inventory in a period.
d. Most companies generally prefer a higher number of days' sales in raw materials inventory.
e. Is calculated by taking the Raw materials used/Average raw materials inventory.
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