Alberta Inc. has sales of $1,000,000, operating profit of $50,000, interest expense of $12,500, tax...
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Alberta Inc. has sales of $1,000,000, operating profit of $50,000, interest expense of $12,500, tax expense of $7,500, total equity of $200,000, and total debt of $300,000. Current assets consisted of inventory of $70,000 and accounts receivable of $30,000. The company's receivables turnover ratio is
Question 6 options:
29.42 X
5.66 X
33.33 X
21.10 X
17.10 X
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