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Chevron Corporation's audited financial statements for the year ended December 31, 2019, included the following information: sales were $150 billion, the cost of goods sold
Chevron Corporation's audited financial statements for the year ended December 31, 2019, included the following information: sales were $150 billion, the cost of goods sold was $130 billion, total assets were $100 billion and 50% of the company's assets were financed with debt. What was Chevron's total asset turnover in 2019? Please show work.
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