
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Effortless Beauty management has disclosed that the company holds current assets totalling R1 405 000, with a current ratio of 2,7. The cost of goods sold for
company is reported as R3 580 000, and it maintains a quick ratio of 1,0. What is the company's inventory turnover? 1. 0, 25 times 2. 1,09 times 3. 4,05 times 4.6,70
times
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