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Which of the following is not an asset management ratio? A current ratio O A total asset turnover ratio O A inventory turnover ratio 0
Which of the following is not an asset management ratio? A current ratio O A total asset turnover ratio O A inventory turnover ratio 0 A fixed asset turnover ratio Johnny Appleseed Brewing Company (JABC) has a quick ratio of 2.00; $24,750 in cash; $13,750 in accounts receivable; some inventory, total current assets of $55,000; and total current liabilities of $19,250. In its most recent annual report, JABC reported annual sales of $500,000 and a cost of goods sold equal to 65% of annual sales. How many times is Johnny Appleseed Brewing Company (JABC) selling and replacing its inventory? O 0.35x O 30.30x O 19.70x O 21.67x The inventory turnover ratio across companies in JABC's industry is 16.75. Based on this information, which of the following statements is true for Johnny Appleseed Brewing Company (JABC)? O JABC is holding less inventory per dollar of COGS compared to the industry average. O Johnny Appleseed Brewing Company (JABC) is holding more inventory per dollar of COGS compared to the industry average. You are analyzing two companies that manufacture electronic toys-IntelliGames Inc. and BrainGames Inc. IntelliGames was launched eight years ago, whereas BrainGames is a relatively new company that has only been in operation for the past two years. However, both companies have an equal market share with sales of $500,000 each. You've gathered up company data to compare IntelliGames and BrainGames
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