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aj htrease, operating b) Decrease, financing c) Decrease, operating Increase, financing e) Increase, investment 27) Which is a measure of a company's liquidity? a) Price

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aj htrease, operating b) Decrease, financing c) Decrease, operating Increase, financing e) Increase, investment 27) Which is a measure of a company's liquidity? a) Price to earnings ratio b) Inventory days Quick ratio d) Times interest earned e) Return on assets 28) The Lords of Flatbush Flower Shop has accounts receivable of $4,511, inventory of s sales of $138,609, and a cost of goods sold of $64,003. How many days inventory does it take the firm to sell its inventory assuming all of the sales are on credit? a) 11.9 days b) 22.2 days 16.2 days d) 14.5 days e) 18.7 days 29) Green Art Plumbing Supply has ending inventory of $302,000 and a cost of goods sold for the recently ended year of $1.41 million. On average, how long did a unit of inventory sit on the shelf before it was sold? a) 47.6 days b) 22.2 days c) 78.4 days d) 61.8 days e) 83.2 days

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