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QUESTION 9 Consider the following information: Asset Turnover: 1.5 DSO: 36.5 days Inventory Turnover: 5.0 Fixed Assets Turnover: 3.0 Current Ratio: 2.0 Gross Margin: 2596

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QUESTION 9 Consider the following information: Asset Turnover: 1.5 DSO: 36.5 days Inventory Turnover: 5.0 Fixed Assets Turnover: 3.0 Current Ratio: 2.0 Gross Margin: 2596 Total Assets: 300k LT Debt: 60k Retained Earnings: 97.5 Using the information on Q9: Calculate Invetories 9,500 10,000 9,000 8,500

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