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19 Sheffield Company has $75,500 of inventory at the beginning of the year and $68,500 at the end of the Year. Sales revenue is $1,247,500,
19 Sheffield Company has $75,500 of inventory at the beginning of the year and $68,500 at the end of the Year. Sales revenue is $1,247,500, cost of goods sold is $789,500, and net income is $151,200 for the year. On average, the number of days to sell inventory is approximately: (Do not round intermediate calculations.) Multiple Choice 33 days. 174 days. 57 days. 21 days. Which of the following is a profitability ratio? 18 Multiple Choice Return on equity Times interest earned Inventory turnover Receivables turnover
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