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Agnes Company reported the following data: What was the inventory turnover ratio? Multiple Choice 2.2 3.0 2.0 1.8 Agnes Company reported the following data: Quick
Agnes Company reported the following data: What was the inventory turnover ratio? Multiple Choice 2.2 3.0 2.0 1.8
Agnes Company reported the following data: Quick assets $55,000 150,000 Current assets Total liabilities 300,000 Average net receivables 12,600 Beginning inventory 38,000 Longterm liabilities 200,000 Net credit sales 126,000 Cost of goods sold 84,000 Ending inventory 46,000 What was the inventory turnover ratio? Multiple Choice O O O 2.2 3.0 2.0 1.8
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