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The following data are for a company and its industry last year. What problem do the data suggest for the company? Receivables turnover Inventory turnover
The following data are for a company and its industry last year. What problem do the data suggest for the company? Receivables turnover Inventory turnover Current asset turnover Total assets turnover Sales are too low. A slow collection period for receivables. Cash is too low. A relatively large investment in fixed assets. Company Industry 7.6X 6.5X 3.2X 1.5X 7.4X 6.5X 3.0X 2.7X
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