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A company had average total assets of $ 896,000 Its gross sales were $1,089, 000 and its net sales were $1,002,000. The company's total asset

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A company had average total assets of $ 896,000 Its gross sales were $1,089, 000 and its net sales were $1,002,000. The company's total asset turnover is equal to (rounded) 1.12 .82 1.09 1.22 .89

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