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A firm has annual sales of $120 million, $88 milition of cost of goods, $25 million of inventory, an $32 million of accounts receivable. What

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A firm has annual sales of $120 million, $88 milition of cost of goods, $25 million of inventory, an $32 million of accounts receivable. What is its inventory turnover ratio? What is its Days Sales Outstanding (DSO)? 4.55 and 120 3.52 and 97.33 2,59 and 88 None of these are correct Question 38 A firm has an EBIT of 384 million, EBT of 321 million, and pays interest of 161 million per What is the times interest earned ratio (TIE)? 1.9 None of these are correct 2.4

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