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Based on the above info, the inventory turnover ratio for this manuf

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Based on the above info, the inventory turnover ratio for
this manufacturer is
a. 0.21
b. 1.95
c. 0.6
d. 0.17
e. 9.57 Balance Sheet Cash & Cash Equivalents Accounts
Receivabe 30,000.00Sales Revenue 2105,44250
500,000.00 $ 638 345.00 Total Income 4,752500.00 $
12685,000.00 Pant & Property preciation Begin Inventory S
753,120.00 S1243575.00 s 63834500 $1358 350.00 $
(475250 001 Purchase End Inventory S CGS
$18,150,595.00 s 1 Current Liabilities Salaries Rent s
980,132.13 s 326,710.71 s 4573949.94 S 54351250 Notes
Payable Taxes Due Non-Current Liabilities Bonds
Mortgages Equity Common Stock Eri:Gm.rl 11.di _s S
3,049299.96 Interest Payment 148653.37 Taxes S
6534214.20 Retained Earnings726,023.80 S 726,023.80 S
211465.49 Total Liabilities & Equ$ 18,150,595.00
Solution
the inventory turnover ratio for this manufacturer is
1241575 / 638345 = 1.95 Option b.

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Based on the above info, the inventory turnover ratio for this manufacturer is a. 0.21 b. 1.95 c. 0.6 d. 0.17 e. 9.57 Balance Sheet Cash & Cash Equivalents Accounts Receivabe 30,000.00Sales Revenue 2105,44250 500,000.00 $ 638 345.00 Total Income 4,752500.00 $ 12685,000.00 Pant & Property preciation Begin Inventory S 753,120.00 S1243575.00 s 63834500 $1358 350.00 $ (475250 001 Purchase End Inventory S CGS $18,150,595.00 s 1 Current Liabilities Salaries Rent s 980,132.13 s 326,710.71 s 4573949.94 S 54351250 Notes Payable Taxes Due Non-Current Liabilities Bonds Mortgages Equity Common Stock Eri:G ...
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