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Consider the following financial statement information for the Zacee Corporation for 2013: Items Beginning Ending Inventory $7,708 $7,866 Accounts Receivable (A/R) $87,309 $92,819 Accounts Payable

Consider the following financial statement information for the Zacee Corporation for 2013:

Items

Beginning

Ending

Inventory

$7,708

$7,866

Accounts Receivable (A/R)

$87,309

$92,819

Accounts Payable (A/P)

$19,531

$20,035

Credit Sales

$144,077

Cost of Goods Sold (COGS)

$126,215

What are the inventory turnover, accounts receivable turnover, and accounts payable turnover?

18.32; 1.55; 6.30 times

18.50; 1.60; 7.28 times

16.21; 1.60; 6.38 times

16.21; 1.40; 6.38 times

18.50; 1.60; 6.38 times

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