What is inventory turnover ratio

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Question 1: A company has current liabilities of $500 million, and its current ratio is 3.0. What is the total of its current assets?

Question 2: A company has current liabilities of $500 million, and its current ratio is 3.0. If this firm's quick ratio is 2.2, how much inventory does it have?

Question 3: A firm has annual sales of $120 million, $20 million of inventory, and $30 million of accounts receivable. What is its inventory turnover ratio?

Question 4: A firm has annual sales of $120 million, $20 million of inventory, and $30 million of accounts receivable. What is its DSO?

Reference no: EM132479305

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