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(2) Compute total asset turnover for the current year and one year ago. Exercise 13-10 (Algo) Analyzing efficiency and profitability LO P3 [Alternate Version] [The

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(2) Compute total asset turnover for the current year and one year ago. Exercise 13-10 (Algo) Analyzing efficiency and profitability LO P3 [Alternate Version] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios

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