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9. Zoom has Quick ratio of 3x, sales of $120,000, in addition it has current assets of $170,000 and current liabilities of $50,000. The inventory

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9. Zoom has Quick ratio of 3x, sales of $120,000, in addition it has current assets of $170,000 and current liabilities of $50,000. The inventory turnover ratio for the company is: * a) 3.00x Ob) 4.00% c) 5.00% d) 6.00% e) None of the above 10. LSP Manufacturing recently reported Net income of $350,000, Interest expense $112,000. It has ROA of 8% and it fall in the 30% tax bracket. The Basic earning power (BEP) of the company is: a) 8.00% O b) 12.05% C) 13.98% d) 15.89% e) None of the above

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