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3 Marek Company has annual sales of $338,000, accounts receivable of $146,000, cost of goods sold of $301,000, total assets of $357,000, and inventory of
3 Marek Company has annual sales of $338,000, accounts receivable of $146,000, cost of goods sold of $301,000, total assets of $357,000, and inventory of $86,000. What is Marek's inventory turnover ratio? a. 3.8 b. 3.5 0000 C29 0 Icon Key F3 d. 2.4 e. 1.7 bh2ff16h.Ch04.06m C $ 4 DOD R F F4 V % 5 T F5 G 6 B MacBook Air F6 Y H & 7 N F7 U J *00 8 M F8 I ( 9 K H F9 O L command Save F10 P Question 3 of 14 Submit Assignment for Grading alt F11 { option ? T } + 11 = F12 1
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Modern Auditing And Assurance Services
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
5th Edition
1742168450, 978-1742168456
