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Determine the capital asset turnover of XYZ Corporation using the following information: Current assets of $75,000 Total assets of $375,000 Total sales of $900,000 Multiple

Determine the capital asset turnover of XYZ Corporation using the following information:

Current assets of $75,000

Total assets of $375,000

Total sales of $900,000

Multiple Choice

3.0x.

12.0x.

2.4x.

5.0x.

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