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Question 8 (1 point) JP Vineyards has sales of $828,000, a gross profit margin of 0.322, and inventory of $177,000. What is the company's inventory

Question 8 (1 point)

JP Vineyards has sales of $828,000, a gross profit margin of 0.322, and inventory of $177,000. What is the company's inventory turnover ratio? Round to two decimal places.

Question 7 (1 point)

Blue Air Inc., has net sales of $702,000 and accounts receivables of $167,000. What are the firm's accounts receivables turnover? Round to two decimal places.

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