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if a firm has net sales of $400,000, annual cost of goods sold of $315,000 , an inventory turnover of 4.5 times a year, and
if a firm has net sales of $400,000, annual cost of goods sold of $315,000 , an inventory turnover of 4.5 times a year, and an accounts receivable turnover of five times a year, the combined investment in inventories and accounts receivable would be:
a. $64,500
b. $122,500
c. $150,000
d. $92,000
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