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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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