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Question 66

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Use the following information to answer questions
Joliet's 2009 and 2010 financial statements included the following data:
Use the following information to answer questions  Joliet's 2009 and 2010 financial statements included the following data:     Assume a 360-day year for all calculations. -What is Joliet's inventory turnover ratio for 2010? A)  7.00 B)  7.69 C)  8.12 D)  8.67 E)  8.70
Assume a 360-day year for all calculations.
-What is Joliet's inventory turnover ratio for 2010?


A) 7.00
B) 7.69
C) 8.12
D) 8.67
E) 8.70

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