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Asset turnover A company reports the following: Sales $1,273,650 Average total assets (excluding long-term investments) 606,500 Determine the asset turnover ratio. If required, round your

Asset turnover

A company reports the following:

Sales $1,273,650
Average total assets (excluding long-term investments) 606,500

Determine the asset turnover ratio. If required, round your answer to one decimal place.

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