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QUESTION 8 In its most recent annual report Leggett & Platt reported (in $ millions) sales of $4,672. It reported total current assets of $448
QUESTION 8 In its most recent annual report Leggett & Platt reported (in $ millions) sales of $4,672. It reported total current assets of $448 and total current liabilities of $225 at the beginning of the year, and total current assets of $474 and total current liabilities of $283 at the end of the year. Calculate the working capital turnover ratio. Present your answer to one decimal place. e.g. 20.0. QUESTION 9 At the beginning of the year KRJ Enterprises reported total short-term debt of $265, total long-term debt of $567, and total stockholders equity of $794. At the end of the year it reported total short-term debt of $235, total long-term debt of $545, and total stockholders' equity of $764. What was the average amount of invested capital for the year
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