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Asset turnover A company reports the following: Sales $4,400,000 Average total assets (excluding long-term investments) 2,000,000 Determine the asset turnover ratio. Round your answer to

Asset turnover

A company reports the following:

Sales	$4,400,000
Average total assets (excluding long-term investments)	2,000,000

Determine the asset turnover ratio. Round your answer to one decimal place.

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