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Paige Company had the following information: Average total assets: $40,000 Average inventory: $100,000 Average accounts receivable, net: $200,000 Net sales: $450,000 COGS: $200,000 1. Calculate
Paige Company had the following information: Average total assets: $40,000 Average inventory: $100,000 Average accounts receivable, net: $200,000 Net sales: $450,000 COGS: $200,000 1. Calculate the company's A/R turnover, rounding answers to two decimal places: tines 2. Calculate the company's inventory turnover, rounding answers to two decimal places: times
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