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Asset turnover A company reports the following: Sales $1,122,000 Average total assets 660,000 Determine the asset turnover ratio. If required, round your answer to one
Asset turnover
A company reports the following:
| Sales | $1,122,000 |
| Average total assets | 660,000 |
Determine the asset turnover ratio. If required, round your answer to one decimal place.
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
