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Sun Concepts Sells and Installs Solar Energy Products

Question 54

Multiple Choice

Sun Concepts sells and installs solar energy products.Information from the financial statements for the last two years revealed the following:
Sun Concepts sells and installs solar energy products.Information from the financial statements for the last two years revealed the following: -Use the information above to answer the following question.The inventory turnover ratio in Year 1 was: A) 0.18 times B) 6.37 times C) 4.84 times D) 5.50 times
-Use the information above to answer the following question.The inventory turnover ratio in Year 1 was:


A) 0.18 times
B) 6.37 times
C) 4.84 times
D) 5.50 times

Correct Answer:

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