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A company had average total assets of $955,000. Its gross sales were $1,108,000 and its net sales were $940,000. The company's total asset turnover equals:

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A company had average total assets of $955,000. Its gross sales were $1,108,000 and its net sales were $940,000. The company's total asset turnover equals: Skipped Multiple Choice 1.02. 0.86. 1.18 0.98. 1.13

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