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Smyrna Chocolate Liqueurs has assets of $8 million and a total asset turnover ratio of 2.5. If Smyrna has $3 million in inventory its days
Smyrna Chocolate Liqueurs has assets of $8 million and a total asset turnover ratio of 2.5. If Smyrna has $3 million in inventory its days of sales in inventory is approximately ____ days. a. 55 b. 59 c. 57 d. 51 e. 53
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