Multiple Choice
Use the following information extracted from ABC's Income Statement and Balance Sheet to answer questions:Sales £4,200,000; Gross profit £2,700,000; Receivables £630,000; Payables £275,000; Inventory £300,000. ABC calculates its financial ratios based on being open for business 6 days per week for 50 weeks per year
-ABC's inventory turn was:
A) 5
B) 7
C) 9
D) 14
Correct Answer:

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Correct Answer:
Verified
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