QUESTION 11 Automan Inc has sales of 55,500, net income of $900.net fixed assets of...
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QUESTION 11 Automan Inc has sales of 55,500, net income of $900.net fixed assets of $4,000, and current assets of $1500. The firm has 5450 in Inventory. What is the common- sire statement or vertical analysis value of inventory? 9.18 500W 8.18 8,18 QUESTION 12 Which one of the following will increase the value of a firm's net working capital? Decrease in Amount of Inventory Decrease in Account Payable Decrease in Account Receivable None of the answers QUESTION 13 HomeStore has current asset of $6.622, net fixed assets of $22,407, and asset turnover ratio of 1.08. Compute net fixed asset turnover ratio? 0.40 2.40 1.40 05
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