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Jim Short's Company makes clothing for schools. Sales in 20X1 were $4,170,000. Assets were as follows: $ 138,000 841,000 439,000 533,000 $ 1,951,000 Cash Accounts
Jim Short's Company makes clothing for schools. Sales in 20X1 were $4,170,000. Assets were as follows: $ 138,000 841,000 439,000 533,000 $ 1,951,000 Cash Accounts receivable Inventory Net plant and equipment Total assets a. Compute the following: Note: Round your answers to 2 decimal places. 1. Accounts receivable turnover 2. Inventory turnover 3. Fixed asset turnover 4. Total asset turnover Turnover Ratios times times times times
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