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Calculate the total asset turnover (sales / total assets) for the firm below. Make sure you do NOT convert your answer and keep 2 decimals

Calculate the total asset turnover (sales / total assets) for the firm below. Make sure you do NOT convert your answer and keep 2 decimals for your final answer.....for examples, if you calculate 6,000/400 = 15, you should enter 15 into BB to be marked correct.

Sales 5000

COGS $1,200

Depreciation $800

Interest $500

Net Income $200

Total Assets 1600

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