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What is the Inventory turnover ratio? Credit sale terms are net 30...

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Accounting

What is the Inventory turnover ratio?
Credit sale terms are net 30 days
** In 2020 sold an asset that originally cost $3,500
*** There are 200,000 shares outstanding as at December 31,
On June 30,2020, the firm issued 50,000 shares.
ABC Corporation
Income Statement
For the Year Ended December 31,2020 ABC Corporation Balance Sheet as at December 31
LIABILITIES AND SHAREHOLDER'S EQUITY
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