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Current assets$75,000 Current liabilities$30,000 Net income$34,000 Net sales$164,500 Average total assets$150,000 Based on this information, what is the company's asset turnover ratio
Current assets$75,000
Current liabilities$30,000
Net income$34,000
Net sales$164,500
Average total assets$150,000
Based on this information, what is the company's asset turnover ratio
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
