Question: D Question 1 1 pts Libscomb Technologies' annual sales are $5,070,085 and all sales are made on credit, it purchases $4,110,662 of materials each year

 D Question 1 1 pts Libscomb Technologies' annual sales are $5,070,085

D Question 1 1 pts Libscomb Technologies' annual sales are $5,070,085 and all sales are made on credit, it purchases $4,110,662 of materials each year (and this is its cost of goods sold). Libscomb also has $505,868 of inventory, 5484,739 of accounts receivable, and $416,620 of accounts payable. Assume a 365 day year. What is Libscomb's Inventory Turnover

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