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Company Z had the following information: beginning inventory $10,000, purchases $55,000, ending inventory $5,300, beginning accounts receivables $74,000, and ending accounts receivable $76,000. What is
Company Z had the following information: beginning inventory $10,000, purchases $55,000, ending inventory $5,300, beginning accounts receivables $74,000, and ending accounts receivable $76,000. What is the companys inventory turnover ratio?
Group of answer choices
A. 7.80
B. 13.96
C. 11.26
D. 31.49
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