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1.Which of the following ratios is incorrect? A.Current Ratio = Current assets / Current Liabilities B.Quick Ratio = (Current assets Inventory)/ Current liabilities C.Inventory turnover

1.Which of the following ratios is incorrect?

A.Current Ratio = Current assets / Current Liabilities

B.Quick Ratio = (Current assets Inventory)/ Current liabilities

C.Inventory turnover = ( Cost of goods Sold) / Inventory

Days Sales Outstanding = 365 / Accounts Payable Turnover

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