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You have a firm that has: revenues of $100,000; COGS of $60,000; other expenses of $15,000; Taxes of $9,000; Interest of $1,500; cash of $5,000;
You have a firm that has: revenues of $100,000; COGS of $60,000; other expenses of $15,000; Taxes of $9,000; Interest of $1,500; cash of $5,000; accounts receivable of $11,000; inventory of $5,000; Net PP&E of $75,000; Goodwill of $10,000; accounts payable of $12,000; other current liabilities of $5,000; long term debt of $35,000; and other liabilities of $5,000. What then is its inventory turnover?
options:
| 1.24 |
| 1.88 |
| 12.00 |
| 16.67 |
| 30.42 |
| 40.15 |
| 41.67 |
| 58.40 |
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