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During the latest year, XYZ Corporation has total sales of $400,000, net income of 10,000, and its year-end total assets were $240,000. The firm's total

During the latest year, XYZ Corporation has total sales of $400,000, net income of 10,000, and its year-end total assets were $240,000. The firm's total debt to total assets ratio was 40%. What is firm's total assets turnover ratio?

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