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During the year just ended, the retailer James Corporation purchased $430,000 of inventory. The inventory balance at the beginning of the year was $181,000. If

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During the year just ended, the retailer James Corporation purchased $430,000 of inventory. The inventory balance at the beginning of the year was $181,000. If the cost of goods sold for the year was $455,000, then the inventory turnover for the year was: Multiple Choice 270 O 2.51 O 2.92 2.55 Assume a company provided the following information: Earnings per share Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Price-earnings ratio Dividend yield ratio $ 1.20 45,000 55,000 12.50 108 The dividend per share is closest to: Multiple Choice $2.00 $1.80 $210 a $150 Assume the following for a company whose sales are all on account: The total asset turnover is 1.8. The average total assets is $600,000 The accounts receivable turnover is 9.00 The average accounts receivable balance is closest to Multiple Choice $87,037 $37037 $80.000 $120.000

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