In computing the ratio of net sales to assets, why are long-term investments excluded in determining the

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In computing the ratio of net sales to assets, why are long-term investments excluded in determining the amount of the total assets? LO4

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Accounting

ISBN: 9780324025422

20th Edition

Authors: Carl S. Warren, James M. Reeve, Philip E. Fess

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Question Posted: Jun 28, 2024 01:06 AM

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In computing the ratio of net sales to assets, why are long-term investments excluded in determining the

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Accounting

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