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***** Company had average total assets of $786,000. Its gross sales were $1,131,000 and its net sales were 852,000. The company's total asset turnover equals

***** Company had average total assets of $786,000. Its gross sales were $1,131,000 and its net sales were 852,000. The company's total asset turnover equals (round your answer to the nearest 2 decimal places, for example, 3.739 would be 3.74)

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