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You have a quick ratio of 200x 31500 in cash 17500 in ar

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Reference no: EM13486063

You have a quick ratio of 2.00x; 31500 in cash; 17500 in A/R; some inventory; total current assets of $70,000;& total current liabilities of $24,500. Annual sales reported $200,000.

What is the inventory turnover ratio?

Reference no: EM13486063

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