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Crawford Construction has a quick ratio of 2.00x,$32,175 in cash, $17,875 in accounts receivable, some inventory, total current assets of $71,500 , and total current

Crawford Construction has a quick ratio of

2.00x,$32,175

in cash,

$17,875

in accounts receivable, some inventory, total current assets of

$71,500

, and total current liabilities of

$25,025

. The company reported annual sales of

$300,000

in the most recent annual report.\ Over the past year, how often did Crawford Construction sell and replace its inventory?\

8.01x

\

15.39x

\

13.99x

\

2.86x
image text in transcribed
Crawford Construction has a quick ratio of 2.00x,$32,175 in cash, $17,875 in accounts receivable, some inventory, total current assets of $71,500, and total current liabilities of $25,025. The company reported annual sales of $300,000 in the most recent annual report. Over the past year, how often did Crawford Construction sell and replace its inventory? 8.01x 15.39x 13.99x 2.86x

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