Current Assets Are $94,700

question 190

Multiple Choice

Current assets are $94,700. Accounts payable is $36,200, net income is $12,400 and sales are $110,800. What is the net working capital turnover rate?

• A) 0.21
• B) 0.85
• C) 1.17
• D) 1.68
• E) 1.89

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