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Q3: Asset Utilization Ratios Firm Z has sales of $927,450, accounts receivable of $34,350, inventory of $48,600, and costs of goods sold of $648,810. Round
Q3: Asset Utilization Ratios Firm Z has sales of $927,450, accounts receivable of $34,350, inventory of $48,600, and costs of goods sold of $648,810. Round the answers to two decimal places. What is the inventory turnover rate? How many days does it take to sell inventory? What is the accounts receivable turnover rate? How many days does it take to collect a payment from a customer
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