Question: Based on the following data for the current year, what is the inventory turnover? Net sales $6,500,000 Cost of goods sold $4,000,000 Inventory, beginning of

 Based on the following data for the current year, what is

Based on the following data for the current year, what is the inventory turnover? Net sales $6,500,000 Cost of goods sold $4,000,000 Inventory, beginning of year $250,000 Inventory, end of year $345.000 Accounts receivable, beginning of year $175,000 Accounts receivable, end of year $297,000 O A 26.7 OB 16 OC. 11.6 OD. 13.4 QUESTION 25 Based on the following data for the current year, what is the accounts receivable turnover? Net sales Cost of goods sold Inventory, beginning of year Inventory, end of year Accounts receivable, beginning of year Accounts receivable, end of year O A 37.1 OB. 17 OC 27.5 OD.21.8 $6,500,000 $4,000,000 $250,000 $345.000 $175.000 $297,000 QUESTION 26 Which of the following sections of corporate annual reports normally includes a statement concerning future prospects and risks? O A management's internal control assertion OB management discussion and analysis OC footnotes to the financial statements O D Independent auditor's report

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