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    asset activity ratios

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    Use the annual information (see the atached file) to answer. Calculate the following asset activity ratios for the end of 2005:

    1. Average Collection Period
    2. Inventory Turnover
    3. Total Asset Turnover

    * Please show all work, including formulae and calculations used to arrive at financial values.

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    Solution Summary

    This explains the computation of asset activity ratios