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During the latest year, XYZ Corporation has total sales of $ 4 0 0 , 0 0 0 , net income of 1 0 ,

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? Enter your answer as a number rounded to 2 decimal places; example 1.12.

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