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6. Frank Company reported beginning and ending total sets of $120,000 and $400,000, respectively. Its net sales for the year was $317,200. What was Frank's

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6. Frank Company reported beginning and ending total sets of $120,000 and $400,000, respectively. Its net sales for the year was $317,200. What was Frank's asset turnover ratio? Begin by selecting the formula to calculate the company's asset tumover ratio. Then enter the amounts and calculate the ratio (Round the asset tumover ratio to two decimal places, XXL) Asset tumover ratio

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