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eBook Show Me How Asset turnover A company reports the following: Sales $991,200 Average total assets (excluding long-term investments) 708,000 Determine the asset turnover ratio.
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Asset turnover
A company reports the following:
| Sales | $991,200 |
| Average total assets (excluding long-term investments) | 708,000 |
Determine the asset turnover ratio. If required, round your answer to one decimal place.
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Corporate Financial Reporting And Analysis
Authors: David Young, Jacob Cohen
3rd Edition
1118470559, 9781118470558
