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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Financial Accounting

ISBN: 9781337913102

16th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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