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QUESTION 17 Excerpts from Stealth Company's December 31, 2018 and 2017, financial statements are presented belovw 2018 $40,000 28,000 190,000 114,000 425,000 240,000 32,500 2017
QUESTION 17 Excerpts from Stealth Company's December 31, 2018 and 2017, financial statements are presented belovw 2018 $40,000 28,000 190,000 114,000 425,000 240,000 32,500 2017 Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 35,000 186,000 108,000 405,000 225,000 28,000 Stealth Company's 2018 receivables turnover ratio is ? 2.85 O 4.70 O 5.00 10 63
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