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A company reports net income of $15,000, net sales of $70,000, and total assets of $54,000. What is the companys asset turnover? A. 1.3 B.
A company reports net income of $15,000, net sales of $70,000, and total assets of $54,000. What is the companys asset turnover?
A. 1.3
B. 4.7
C. 0.8
D. 0.3
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