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A company's days in inventory increased from 30 days to 60 days. The company's inventory turnover: Select one: O a. Increased from 6.1 to 12.2
A company's days in inventory increased from 30 days to 60 days. The company's inventory turnover: Select one: O a. Increased from 6.1 to 12.2 O b. Remained the same O c. Decreased from 12.2 to 6.1 O d. It is impossible to determine the impact of the change in days in inventory on the inventory turnover ratio The following are taking from a company's comparative balance sheets for December 31, 2020 and December 1, 2020: 1.1.2020 12.31.2020 Total Assets 160,000 180,000 Total Liabilities 30,000 36,000 Total Stockholders' Equity 130,000 144,000 The company's financial leverage ratio for 2020 (rounded for 1 decimal place) is: Select one: O a. 0.8 O b. 1.3 O c. 1.4 O d. 1.2 Company A announced a 4-for-3 stock split. The stock split: Select one: O a. Did not impact the debt to equity ratio O b. Decreased the debt-to-equity ratio Oc. Increased the debt-to-equity ratio O d. It is impossible to determine how the stock split impacted the debt to equity ratio
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