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JPJ Corp has sales of million, accounts receivable of , total assets of million (of which million are fixed assets), inventory of , and cost

JPJ Corp has sales of million, accounts receivable of , total assets of million (of which million are fixed assets), inventory of , and cost of goods sold of . What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? If JPJ Corp is able to increase sales by but keep its total and fixed asset growth to only , what will its new asset turnover ratios be? Question content area bottom

Part 1 What is JPJ's accounts receivable days? JPJ's accounts receivable days are 13.298 days.(Round to two decimal places.)

Part 2 What is JPJ's fixed asset turnover? JPJ's fixed asset turnover is 0.437. (Round to two decimal places.)

Part 3 What is JPJ's total asset turnover? JPJ's total asset turnover is 0.255. (Round to two decimal places.)

Part 4 What is JPJ's inventory turnover? JPJ's inventory turnover is 4.075. (Round to two decimal places.)

Part 5 If JPJ Corp is able to increase sales by but keep its total and fixed asset growth to only , what will its new asset turnover ratios be?

Part 6 JPJ's new fixed asset turnover is enter your response here.

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