What is the inventory turnover ratio

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Reference no: EM131011732

What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equals 1.5, and the firm has $1,800 in current assets?

2.78 times

4.17 times

5.56 times

8.33 times

Reference no: EM131011732

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