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2) e-Bay Inc. provides the following data: 2015 2014 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Current Assets Property,

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2) e-Bay Inc. provides the following data: 2015 2014 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Current Assets Property, Plant, and Equipment, Net Total Assets $29,000 31,000 53,000 $113,000 120,000 $212,000 $25,000 62,000 50,000 137,000 120,000 237,000 Net sales Cost of Goods Sold Gross profit $600,000 (150,000) $350,000 ndows Calculate the asset turnover for the year 2015 solch w Jawl 2

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