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197. During 2015, Stein Corporation reported net sales of $5,000,000 and net income of $2,250,000. Stein also reported beginning total assets of $1,000,000 and ending
197. During 2015, Stein Corporation reported net sales of $5,000,000 and net income of $2,250,000. Stein also reported beginning total assets of $1,000,000 and ending total assets of $1,500,000. Stein’s asset turnover is
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Financial accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
IFRS Edition
9781119153726, 978-1118285909
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