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Assume that sales for Rain Co . for 2 0 Y 8 , is $ 2 2 5 , 0 0 0 . Assume further

Assume that sales for Rain Co. for 20Y8, is $225,000. Assume further that the average total assets for the Year Ended December 31,20Y8 is $150,000, what is the asset turnover ratio (round to one decimal place)?
65.4
1.5
.6
none of these
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