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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
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