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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