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19. What is the numerator in calculating inventory turnover? a. Accounts Receivable at year end b. Cost of Goods Sold c. Average Inventory d. Beginning

19. What is the numerator in calculating inventory turnover? a. Accounts Receivable at year end b. Cost of Goods Sold c. Average Inventory d. Beginning Inventory e. None of the above. 20. Diva's P/E Ratio is 25 . If its Earnings Per Share (EPS) is $1.75, what is its market price? 5 a. $25 b. $43.75 c. $26.75 d. $14.28 e. None of the above

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