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A company has the following information related to its operations at the end of the year. Average inventory: $ 4 4 , 0 0 0

A company has the following information related to its operations at the end of the year.
Average inventory: $44,000
Average net accounts receivables: $51,000
Average total assets: $385,000
Net sales: $285,000
Net credit sales: $265,000
Cost of goods sold: $82,000
Calculate the companys total asset turnover.

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