ell's Machine Manufacturing Co reported its sales as R120 000, a gross profit of R50 000 and current liabilities of R25 000. If the current ratio is 2,5 and the quick ratio is 1,75, what is the inventory turnover for the company?

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A: The objective of the question is to calculate the company's inventory turnover ratio. The inventory…

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Q: What is the company’s inventory turnover ratio

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