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Asset turnover A company reports the following: Sales $1,485,800 Average total assets (excluding long-term investments) 874,000 Determine the asset turnover ratio. If required, round your

Asset turnover

A company reports the following:

Sales	$1,485,800
Average total assets (excluding long-term investments)	874,000

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

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