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Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,330,000. Assets were as follows: 3 Cash Accounts receivable Tnventory Net plant and equipment

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Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,330,000. Assets were as follows: 3 Cash Accounts receivable Tnventory Net plant and equipment Total assets 10 point $160,000 848.000 466,000 521,000 $1,995,000 a. Compute the following: (Round the final answers to 2 decimal places.) nes 1 Accounts receivable turnover 2. Inventory turnover 3. Capital se turnover Total asset turnover b-1. In 20XY, sales increased to $5.850,000 and the assets for that year were as follows: Accounts receivable 5160,000 994,000 1.110,000 Compute the following: (Round the final answers to 2 decimal places.) 1. Accounts receivable turnover 2. Inventory turnover Capital asset turnover 4 Total asset turnover b-2. Indicate there is an improvement or decline totat asset turnover Improvement Decline Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,330,000. Assets were as follows: 3 Cash Accounts receivable Tnventory Net plant and equipment Total assets 10 point $160,000 848.000 466,000 521,000 $1,995,000 a. Compute the following: (Round the final answers to 2 decimal places.) nes 1 Accounts receivable turnover 2. Inventory turnover 3. Capital se turnover Total asset turnover b-1. In 20XY, sales increased to $5.850,000 and the assets for that year were as follows: Accounts receivable 5160,000 994,000 1.110,000 Compute the following: (Round the final answers to 2 decimal places.) 1. Accounts receivable turnover 2. Inventory turnover Capital asset turnover 4 Total asset turnover b-2. Indicate there is an improvement or decline totat asset turnover Improvement Decline

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