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Bountiful Company had sales of $650,000 and cost of merchandise sold of $200,000 during a year. The total assets balance at the beginning of the

Bountiful Company had sales of $650,000 and cost of merchandise sold of $200,000 during a year. The total assets balance at the beginning of the year was $175,000 and at the end of the year was $167,000. Calculate the ratio of sales to total assets.

A)3.00

B)3.80

C)0.29

D)0.26

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