A company reports the following: Net sales $1,200,000 Average total assets 1,000,000 Determine the ratio of net

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A company reports the following:

Net sales $1,200,000
Average total assets 1,000,000

Determine the ratio of net sales to assets.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Aug 29, 2011 06:51 PM

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A company reports the following: Net sales $1,200,000 Average total assets 1,000,000 Determine the ratio of net

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