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Peartree Company provides the following data: BALANCE SHEET Dec 31, 2014 Dec 31, 2013 Cash $21,000 $18,000 Accounts receivable, net 31,000 35,000 Inventory 53,000 25,000

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Peartree Company provides the following data: BALANCE SHEET Dec 31, 2014 Dec 31, 2013 Cash $21,000 $18,000 Accounts receivable, net 31,000 35,000 Inventory 53,000 25,000 PP&E, net 120,000 90,000 Total assets $225,000 $168,000 Additional information: Net sales (all on account): $240,000 Cost of goods sold: $110,000 How much is the inventory turnover for 2014? O 1.41 O 2.82 o 2.00 0 1.65

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