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During 2022, Wildhorse Co. reported net sales of $3,808,000 and net income of $1,460,000. Its balance sheet reported average total assets of $1,360,000. Calculate the
During 2022, Wildhorse Co. reported net sales of $3,808,000 and net income of $1,460,000. Its balance sheet reported average total assets of $1,360,000. Calculate the asset turnover. (Round answer to 2 decimal places, e.g. 1.25.) Asset turnover times
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Contemporary Auditing
Authors: Michael C Knapp
12th Edition
357515404, 978-0357515402
