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Home Q & A Board Other Fields Homework Help Business
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bigexternal bigexternal
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7 years ago
A firm has current assets of $350,000, current liabilities of $200,000, cost of goods sold of $250,000, and inventory of $75,000. The firm's inventory turnover is
A) 5.0 times.
B) 3.3 times.
C) 2.7 times.
D) 2.0 times.
E) 4.7 times.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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Posts: 499
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7 years ago
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1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
#2
7 years ago
Really appreciate the effort, thank you for responding
We're using: Corporate Finance Online (Eakins, McNally)
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