Question: The table below contains data for two companies in a competitive industry. (000 $) Company A Company B Revenues (sales) 126336 128960 cost of goods

The table below contains data for two companies in a competitive industry.
(000 $)Company ACompany B
Revenues (sales)126336128960
cost of goods sold4340951447
Average inventory73568727
will average55517318
Average payable70548663


Calculate turnover ratios and evaluate the relative performance (operating efficiency) of both companies.

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