=+b. Would you expect the ratio of net sales to assets for Kroger to be similar to

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=+b. Would you expect the ratio of net sales to assets for Kroger to be similar to or different from that of Tiffany & Co.? Tiffany is the large North American retailer of jewelry, with a ratio of net sales to average total assets of 0.94.

Chapter 6 Accounting for Merchandising Businesses 299

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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