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An asset turnover ratio of 1 . 7 5 can be interpreted as: a . $ 1 . 7 5 in sales are generated by

An asset turnover ratio of 1.75 can be interpreted as: a. $1.75 in sales are generated by every $1 of assets.O b. $1.75 in additional assets are generated by every $1 of sales.O c. $1.75 in assets are used to generate $1 of sales.O d. $1 in sales are used to generate $1.75 in assets.

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