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Question 2 In the table below is data for two companies in a competitive industry. ($000) Company A Company B Revenues(sales) 136488 149360 Cost of

Question 2 In the table below is data for two companies in a competitive industry. ($000) Company A Company B Revenues(sales) 136488 149360 Cost of Goods Sold 43800 52376 7359 8735 Average inventory Average receivable 5551 7318 Average payable 7054 8663 Calculate the turnover ratios and evaluate the relative performance (operating efficiency) of both companies

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