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Aardvaark & Co. has sales of $291, 200, cost of goods sold of $163, 300, net profit of $11, 360, net fixed assets of $154,
Aardvaark & Co. has sales of $291, 200, cost of goods sold of $163, 300, net profit of $11, 360, net fixed assets of $154, 500, and current assets of $89, 500. What is the total asset turnover rate? 1.19 1.11 1.24 1.08 1.28
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