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Do It! Review 9-5 For 2017, Sale Company reported beginning total assets of $300,000 and ending total assets of $340,000. Its net income for this

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Do It! Review 9-5 For 2017, Sale Company reported beginning total assets of $300,000 and ending total assets of $340,000. Its net income for this period was $50,000, and its net sales were $400,000. Compute the company's asset turnover for 2017. (Round answer to 2 decimal places, e.g. 52.75.) Asset turnover times Click if you would like to Show Work for this question: Open Show Work

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