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Asset turnover A company reports the following: Sales $1,066,200 Average total assets (excluding long-term investments) 888,500 Determine the asset turnover ratio . If required, round
Asset turnover
A company reports the following:
| Sales | $1,066,200 |
| Average total assets (excluding long-term investments) | 888,500 |
Determine the asset turnover ratio. If required, round your answer to one decimal place
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Auditing An International Approach
Authors: Wally Smieliauskas, Amy Kwan, Kathleen Cogliano, Catherine Barrette
8th Canadian Edition
1259451275, 978-1259451270
