JPJ Corp has sales of ($6) million, accounts receivable of ($950,000), total assets of ($25) million (of
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JPJ Corp has sales of \($6\) million, accounts receivable of \($950,000\), total assets of \($25\) million (of which \($18\) million are fixed assets), inventory of \($860,000\), and cost of goods sold of \($2,200,000\). What is JPJ’s accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover?
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