Question: The inventory turnover ratio would be most important when analyzing a(n)... a. commercial bank. b. consulting firm. c. insurance company. d. medical clinic. e. grocery

The inventory turnover ratio would be most important when analyzing a(n)...

a. commercial bank.

b. consulting firm.

c. insurance company.

d. medical clinic.

e. grocery store.

Also.

Braswell & Associates has a DSO of 41 days, and its annual sales are $8,100,000. What is its accounts receivable balance? Assume it uses a 365-day year.

a.

$197,561

b.

$553,712

c.

$909,863

d.

$332,100,000

e.

$541

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