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From the above schedule,calculate the internal failure costs.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
Acid-Test Ratio
A stringent indicator of whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.
Current Ratio
A financial metric assessing a firm's capacity to settle short-term debts using its existing assets.
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