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Which of the following is not an asset management ratio? The average collection period O A times interest earned ratio O A inventory turnover ratio
Which of the following is not an asset management ratio? The average collection period O A times interest earned ratio O A inventory turnover ratio O A fixed asset turnover ratio General Forge and Foundry Company has a quick ratio of 2.00; $38,250 in cash; $21,250 in accounts receivable; some inventory; total current assets of $85,000; and total current liabilities of $29,750. In its most recent annual report, General Forge reported annual sales of $100,000 and a cost of goods sold equal to 65% of annual sales. How many times is General Forge and Foundry Company selling and replacing its inventory? O 0.35x 2.55x 3.92x 2.805x The inventory turnover ratio across companies in General Forge's industry is 2.17. Based on this information, which of the following statements is true for General Forge and Foundry Company? O General Forge and Foundry Company is holding more inventory per dollar of COGS compared to the industry average. General Forge is holding less inventory per dollar of COGS compared to the industry average
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