Question: pick the right answer 1-4 If the working capital turnover of JEP Corp. is 7.0., what does this accounting data suggest? 1.For every $7.00 ABC
pick the right answer 1-4
If the working capital turnover of JEP Corp. is 7.0., what does this accounting data suggest?
1.For every $7.00 ABC Corp. invested, the company realizes sales of $1.00.
2.For every dollar ABC Corp. invested, the company realizes $7.00 of sales.
3.For every dollar ABC Corp. invested, the company realizes $7.00 in loss.
4.For every $7.00 ABC Corp. invested, the company incurs a cost of $1.00.
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