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a. $80,417 b. $128,333 c. $91,667 d. $243,333 e. $195,417 Wie Corp's sales last year were $220,000, and its year-end total assets were S335,0CH3. The

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a. $80,417 b. $128,333 c. $91,667 d. $243,333 e. $195,417

Wie Corp's sales last year were $220,000, and its year-end total assets were S335,0CH3. The average firm in the industry has a total assets turnover ratio (TATO) of 2.4. The firm's new CFO belieies the firm has excess assets that can be sold to bring the TATO down to the industry average Vithout affecting sales. By how much must the assets be reduced to bring the TATO to the industry average, holding sales constant? Do not round your intermediate calculations. 0 0 0 C) C) B. 580,417 b. 328,333 c. sei ,667 d. 3243,333 e. SI 95,417

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