A company reports the following: Sales ..........................................$5,580,000 Average total assets.................. 3,100,000 Determine the asset turnover ratio. Round
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A company reports the following:
Sales ..........................................$5,580,000
Average total assets.................. 3,100,000
Determine the asset turnover ratio.
Round to one decimal place.
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Related Book For
Financial Accounting
ISBN: 9781337913102
16th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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