Asset turnover Obj. 5 A company reports the following: Sales $1,800,000 Average total assets (excluding long-term investments)

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Asset turnover Obj. 5 A company reports the following:

Sales $1,800,000 Average total assets (excluding long-term investments) 1,125,000 Determine the asset turnover ratio. Round to one decimal place.

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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