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b. In 20 xx2, sales increased to $5,530,000 and the assets for that year were as follows: Cash Accounts receivable Inventory Net plant and equipment

b. In 20 xx2, sales increased to $5,530,000 and the assets for that year were as follows: Cash Accounts receivable Inventory Net plant and equipment Total assets $153,000 952,000 1,048,000 [590","000],[$2","743","000] Compute the following: Note: Round your answers to 2 decimal places. Turnover Ratios 1. Accounts receivable turnover times 2. Inventory turnover times 3. Fixed asset turnover times 4. Total asset turnover times

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