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Oak Corp has sales of $1.5 million, accounts receivable of $58,000, total assets of $5.5 million (of which $3.5 million are fixed assets), inventory of
Oak Corp has sales of $1.5 million, accounts receivable of $58,000, total assets of $5.5 million (of which $3.5 million are fixed assets), inventory of $155,000, and cost of goods sold of $605,000. What is Oaks accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover?
Oak Corp has sales of $1.5 million, accounts receivable of $58,000, total assets of $5.5 million (of which $3.5 million are fixed assets), inventory of $155,000, and cost of goods sold of $605,000. What is Oak's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? Your Answer: Sales Accounts Receivable Total Assets Fixed Assets Inventory Cost of Goods Sold (In Thousands) (In Thousands) (In Thousands) (In Thousands) (In Thousands) _!(In Thousands) Accounts Receivable Days Fixed Asset Turnover Total Asset Turnover Inventory TurnoverStep by Step Solution
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