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Current assets are $94,700. Accounts payable is $36,200, net income is $12,400 and sales are $110,800. What is the net working capital turnover rate? Select
Current assets are $94,700. Accounts payable is $36,200, net income is $12,400 and sales are $110,800. What is the net working capital turnover rate?
Select one:
a. 0.21
b. 0.85
c. 1.68
d. 1.89
e. None of the above.
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